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When we think of the dominant political topics of the day, issues like health care, immigration, and foreign policy in the Middle East quickly come to mind, but it is a mistake to leave the minimal commission from the list. At the face of Republican opposition, congressional action is unlikely before 2015 at the first, but there's quite a bit away from Capitol Hill. States and municipalities across the country are leading a localized drive to increase the minimum wage who see an opening to......Read More
As free-market economists I'm not much into minimum wage legislation, in fact I'm rather against them. However as I watch what's going on in China right now, with the protests and strikes from the labor at the overseas production firms which are in their own country, I see that something has to be done. In China you are not permitted to go on strike at a Chinese company, and even though there are problems, they are not publicized because the Chinese government doesn't want that in their......Read More
The MSC legislation, which has been in force since April 2007, was introduced in an effort to reduce the "unfair competitive advantage" compared to "compliant businesses and workers". MSC's and MSCP's are bound with the legislation, but in themselves are quite different (as you will see in the section labeled.etailed HMRC Definitions & conditions of the MSC legislation/MSC's and MSCP's'). Definition: Managed Service Companies (MSC). For the MSC legislation to use, the organization through which......Read More
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