It encourages spending, which increases other kinds of tax.
<u>Explanation:</u>
Increasing the minimum wages increases the standard of people from the poverty line. It not only increases the welfare but also increases the spending among the people. But raising the wages also creates a negative effect causing inflation and higher costs for the business. This would decrease the profit of the firm.
The spending profile of employees helps us to access how they spend their extra earned money on purchasing things which is acquired by the government in the form of taxes. The combination of these direct and indirect effects results in lower economic activity.
The war killed an estimate of 2 million Vietnamese civilians
Hitler describes Jewish people as vermin to the Master race. He recommended exterminating the Jews.
1) The Great Awakening
2) tolerance of religious differences
3) Jonathan Edwards
4) powers of government should be clearly defined and limited
5) natural rights
