In general I think you should push your redistributive interventions into the system as early as possible, rather than distorting the market. Just reduce the income tax on low-income households, don’t make it harder for every business to operate by adding pricing complexity!
Add a UBI or negative income tax if you need to get more coverage for under-/un-employed.
I think the overhead of interventions like this is strongly under appreciated.
Add a UBI or negative income tax if you need to get more coverage for under-/un-employed.
I think the overhead of interventions like this is strongly under appreciated.