this post was submitted on 12 Jul 2024
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Want the profits to stay in the country? Get these workers higher portion of those profits. A perhaps even better way of corporate profit taxation. Not always applicable when the corpo doesn't employ domestic workers of course.
Taxation is a valid way to do that.
It forces business owners to reinvest in their business lest they lose those profits to taxes. Part of that reinvestment is wages and headcount.
Of course it's valid. I'm just thinking about it from the point of view of evasion and regulatory capture.