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If you raise the price of cigarettes through taxes, less people buy cigs. Same for gambling, driving, flying, etc.

If you raise the price of labor through minimum wage, you fix poverty. Opposed to literally everything else plus evidence.


This fallacy is addressed in the article, I suggest you read it.

The key point is that wages are being kept artificially low by monopsonies. And the evidence supports this. (Current hyperlocal minimum wage laws make for good A/B-ish tests.)


Minimum wage doesn't guarantee you get any wage at all. It's a toothless tiger and can't fix poverty. Offer a job guarantee and then we'll talk.


The issue with such taxes is that they treat stuff like liquid assests which are subject to rapid change, like stocks, as the same as physical cash.

It also brings along the idea that the goverment taxes you when you: make the money, use the money, or even just keep the money. It's just another way to get more moeny even if it's not doing anything.

And with all taxes, it starts only effecting the top, but then they need more money and soon everyone but the poorest of the poor is paying more every month.


I fail to see how this is a conflict of interest by just helping others. Maybe if it was a widnows or linux pc? Even then it's still stupid.


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