The proposed Wisconsin State Budget from Scott Walker includes a number of bad ideas. Among them is the idea that we should put tax dollars into a venture capital fund, for start up businesses. My objections are these:
I have thought that rather than taxing employers for the UC fund, we should tax employees. Why? Several reasons. First, some people are more prone to unemployment than others. Some are more inclined to get a job, so why tax employers for those who would game the system to stay unemployed longer?
Second, if employees paid the tax, it would demonstrate to them, that because of this mandated benefit, their wages are less. That way, they can actually see the costs to them, which at the present time, can only be inferred. Hey, we could even mandate that employers pay the employee more by the percentage that UC insurance now represents, so that employees' actual incomes do not go down. This would help make the lesson to the employee without it costing him anything on the front side, and we already mandate that employers pay this now, so no difference in cost to employers either.
Regarding this writing from Robert Reich:
More evidence that many "experts" are not. This from Robert Reich who pretends to be an economist, but is in fact a Democrat shill:
"The unions don’t want foreign workers to take jobs away from Americans or depress American wages, while business groups obviously want the lowest-priced workers they can get their hands on.
So they’ve compromised on a maximum (no more than 20,000 visas in the first year, gradually increasing to no more than 200,000 in the fifth and subsequent years), with the actual number in any year depending on labor market conditions, as determined by the government. Priority would be given to occupations where American workers were in short supply.