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Author Archives: Thomas Colignatus

Don’t tax sweat – An Independent View from Thomas Colignatus

By Thomas Colignatus | Sat 3rd April 2010 - 2:45 pm

With our intelligence and enterpreneurship we create micro-chips and send crafts into space, but the creation of jobs for the disadvantaged seems out of reach. The rich countries in the world still have a huge pool of unemployment and poverty at the bottom of society. A close analysis gives the insight that we actually create unemployment and poverty ourselves.

The following table gives the legal minimum wage in the US (dollars), in the UK (pounds) and in Holland (euros) as key examples for the rich world. The table is best understood from the principle of “don’t tax sweat”.

That is, workers at the minimum should be exempt from levies.

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Posted in Op-eds and The Independent View | 7 Comments

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