This is the reason why we need to reframe this bill to being about rent-seeking.
The money leaving the industry isn't resulting in many lost jobs. It is resulting in lost revenue from rent-seeking activities. How much is highly debatable.
TBH, we need to be addressing the issue of rent-seeking activities in general. My favorite explanation of rent-seeking that highlights the problem with it is that rent-seeking is when someone seeks to take a bigger slice of an existing pie, instead helping make that pie bigger.
The money leaving the industry isn't resulting in many lost jobs. It is resulting in lost revenue from rent-seeking activities. How much is highly debatable.
TBH, we need to be addressing the issue of rent-seeking activities in general. My favorite explanation of rent-seeking that highlights the problem with it is that rent-seeking is when someone seeks to take a bigger slice of an existing pie, instead helping make that pie bigger.