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Alternative to joblessness.

Financial Mail

| April 30, 2010 | COPYRIGHT 2001 Johnnic Communications. (Hide copyright information)Copyright

Byline: Peter Meakin

Alternative to joblessness Ann Bernstein protests too much that lower wages are good for people (On My Mind April 23). That could be true only if there were no alternative to joblessness. For such a nirvana she need only extend her own logic regarding tax-exempt zones. This fiscal relief acknowledges that personal taxes on wages, profits, interest and trade inhibit growth. Taxes then have to rely on basic land rents. This …

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