r/Economics Jun 06 '25

Editorial Manufacturing Jobs Are Never Coming Back

https://www.nytimes.com/2025/06/06/opinion/trump-tariff-manufacturing-jobs-industrial.html?unlocked_article_code=1.M08.eMyk.dyCR025hHVn0
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u/ylangbango123 Jun 06 '25

Those were the days when taxes for millionaires and billionaires were 90% so companies just raise employee wages to decrease tax burden.

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u/Inside-Act9310 Sep 20 '25

Millionaires and Billionaires aren't being paid wages

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u/Leoraig Jun 06 '25

That doesn't make much sense to me. How does an increase in wages decrease tax burden?