I mean, minimum wage doesn’t “make sense”, because it’s a price control. It’s effectively a bundled subsidy to the worker and a tax on the employer. The subsidy part is fine, but:

A. It’s a fallacy to link specific taxes with specific subsidies. It’s called “hypothecation”.

B. Even if you’re going to hypothecate, you can at least tax wealth or a negative externality instead of taxing the random person who happens to be the recipient’s employer.

The obvious solution here is a Universal Basic Income (UBI) instead of minimum wage. (Note, Germany only got a minimum wage in January of 2015, so if you think it sounds crazy not to have a minimum wage, it’s not.)

Advocate of Score Voting and Approval Voting. Software engineer. Father. Husband. American.

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