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ThreePatriots
ThreePatriots

Editor

Good questions. I'm not too worried about tax breaks causing increases in basic costs because the increased wages are not coming at the businesses expense. With an increase in something like minimum wage, there will have to be an increase in price passed on to the consumer to pay for the increase in wage expense by an employer. That increased expense is not so with the tax breaks. Now, with the free market, anything is possible and there could be some bad actors that use this opportunity to make more money for themselves because people have more money in their pockets to spend. Only time will tell.

TheThinkingSapiens
TheThinkingSapiens

Looks good from the surface at the moment. I just hope that there’s no “hidden charges” somewhere. With the seeming increase in take home pay (yay!), will there not be a corresponding impact on the cost of living - will there not be an increase in cost to access basic needs - food, rent, etc etc.?

Philip Carino
Philip Carino

Very informative. Thanks for sharing!

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