California Just Passed A $1 Billion Tax On The Whole Country That No One Noticed

zero hedge ^ | 9/2/16 | Tyler Durden

[pilipo]

Every law or regulation that any company in the U.S. is mandated to effect, results in a cost that is passed on to the consumer - irrespective of local, state, or national distribution.

[Mrs. Don-o]

They underlying premise of this article is pretty dubious. Wages for providers of goods and services which are shipped interstate do not constitute "taxes" on those interstate buyers. Period.

Anybody who thought about this for just 2 sustained minutes would realize that.

Note that I am not commenting one way or the other on the propriety of the State of California mandating those overtime wages. That's a separate issue. I'm just saying that paying people overtime wages when they work overtime, is not inherently a taxation-without-representation on consumers. Market forces are still at play, and still the overwhelming determinants of economic behavior.

Higher total incomes for agricultural workers may speed up the robotization of farmwork, though. It's coming.

[Patriotic1]

I agree. It’s a matter of justice.

[Axenolith]

Interesting bill # on the 950th anniversary of the Norman invasion of England and October battle of Hastings...

[Falcon4.0]

I'm not sure if I can say and not sure if I really know what they are working towards at this point.
I just completed a system that will be used to teach the computers to identify weeds using facial recognition software.
I believe that the elimination of a large force of manual farm labor will eventually be inevitable.
Doubt if I will live long enough to see that though.