Assertion: minimum wage | /r/CapableOf | impose high marginal tax
Facets:
value: on employers
type: TRANSITIVE-OBJECT
value: effectively
type: MANNER
Source sentences:
text: Proponents argue that a basic income that is based on a broad tax base would be more economically efficient than a minimum wage, as the minimum wage effectively imposes a high marginal tax on employers, causing losses in efficiency.[citation needed]