Advocates promised the new tax would bring in over $1 billion a year in new revenue. And they quickly saw their predictions surpassed: the state Department of Revenue estimates it will generate over $1.5 billion this fiscal year.
Personally, I believe a worker is entitled to all they create. I’m not going to deny the initial investment of the company is a risk taken and getting a bussiness on its feet requires active effort. But this opportunity is not amongst the many and most business starters are already quite well off and appeals to investors for growth which requires favorability of yet more well off people. Not to mention more well of bussinesses are less affected by law with breaking the law becoming an investment eventually making anticompetitive practices prevalent.
While I do of course support personal property. Personally, I do not believe private property is justified as I believe it creates a wealth disparity and hierarchial power (Socialist here and relevant to workers being entitled to their labour). When working for a private bussiness. The owners of this bussiness get the surplus labour value of what you produce on the grounds of owning thus private property. I do not believe the existing ownership of this property is a justified income as it is a passive income independent of whether you do work or not.
If a worker is entitled to all they create, does that apply to the creator of the business? And of the surplus created as a result?
You stated I your second paragraph that you do t support the idea of claim to a business’s surplus, but why? Just because of the wealth separation between workers and owners?
Personally, I believe a worker is entitled to all they create. I’m not going to deny the initial investment of the company is a risk taken and getting a bussiness on its feet requires active effort. But this opportunity is not amongst the many and most business starters are already quite well off and appeals to investors for growth which requires favorability of yet more well off people. Not to mention more well of bussinesses are less affected by law with breaking the law becoming an investment eventually making anticompetitive practices prevalent.
While I do of course support personal property. Personally, I do not believe private property is justified as I believe it creates a wealth disparity and hierarchial power (Socialist here and relevant to workers being entitled to their labour). When working for a private bussiness. The owners of this bussiness get the surplus labour value of what you produce on the grounds of owning thus private property. I do not believe the existing ownership of this property is a justified income as it is a passive income independent of whether you do work or not.
If a worker is entitled to all they create, does that apply to the creator of the business? And of the surplus created as a result?
You stated I your second paragraph that you do t support the idea of claim to a business’s surplus, but why? Just because of the wealth separation between workers and owners?