Unemployment VS Increased Prices due to shortage

Payroll tax isn’t low, a shame too as it cuts into everyone’s pockets.

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Country dependent. Can only talk from my perspective as a sole trader, and past business owner in Australia. Tax is all federal.

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Because unemployment won’t pay more for more than a few months. Your idea doesn’t match State funding.

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I was referring to people that are currently on unemployment, not the future when it runs out. I should’ve clarified. Businesses are slowly reopening, but will people jump right back into the workforce or wait? Of course they’ll have to go back to work once the benefits expire, how would they pay rent or eat with no income?

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There are shortages because of the same reason, the economy shut down and is eking along?

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Yes, I was the founder of a start up. I’ve worked my entire professional career in start ups until very recently.

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It needn’t be that way. Deductions should be made from the employee’s wage and should offer value for money - a proper healthcare system.

Congrats, I truly hope those ventures where successful. It does seem weird to me you’d be so anti business being that your entire professional career has been trying to build a brand and navigate into a sustainable job creating business. I must have missed your initial point.

Unfortunately payroll tax pulls from employer/employees pockets. It sucks that you have to put that in the equation when talking wages as it’s a non tangible expense.

As for healthcare, that’s an entire topic on its own that I’ll back away slowly and refrain from comment.

In the UK it’s tangible, the value is listed when taken from the employees pay. The employer doesn’t pay, that would be a tax on employment (a bad incentive). The amount appears on the pay slip.

It works slightly differently if you’re self employed.

Interesting. Not in the US, employer pays as well. It’s painful. Makes it harder for those pesky owners to eat. :wink:

It’s not that I’m anti business. I’m pro worker.

I’ve helmed failing startups. It sucks. You end up letting a bunch of people down.

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…but you may have also given someone a chance that was overlooked by a larger employer. If only for a short time…it’s better than nothing at all

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Oh I don’t know, sounds like the business should give a better incentive, like I don’t know, paying employees more? The cost of living is disproportionate to the wages employers give. It is no surprise that they’re having difficulties getting people back. It’s really exposing a bunch of flaws of these businesses.

Having been an employee and employer I’m pro both. Though I think I’m the outlier. Seen a lot of workers and employers get screwed, I can see why one would be loyal to one side. I had an employer steal my 401K $$, people are just mean no matter what side of the desk they sit on.

Not an anarcho-capitalist or “austrian economist” doesn’t mean you’re anti-capitalist.

Media publishers and broadcasters have ensured that those messages are conflated, of course.

Well you got me there as I have no clue what any of that means. That was a small excerpt you quoted to another user per a specific convo. I usually back away when the political speak starts as I have nothing to contribute.

I don’t see being pro worker as being loyal to one side. A worker is always more exploited than an employer by definition.

I agree it’s expedient and unhelpful to blame a ‘side’ when market conditions are tough.

I’m not sure I’ll ever say anything that you won’t find qualms with. You win my friend, hope all goes well with you and your business.

I’m in Canada. Everyone here affected is getting $500 a week. Thankfully the stimulus is going back into the economy. It boggles my mind that $1200 was doled out in the US months ago while large corps got hefty bailouts while ejecting their workers and still paying execs bonuses. Ah, read one of your previous statements. It’s good to hear there is stimulus reaching gig workers.

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