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In reply to the discussion: Can we talk about a Maximum Wage? [View all]Lurker Deluxe
(1,036 posts)46. but that is not what is being said
The premise of this thread is "you can only make so much money", period.
Bringing deductions and CPAs into is where we are now, where multi-billion dollar companies pay no taxes, and people who make millions a year pay very little. So, the premise is ... you can only make X times the lowest worker, period. Not before expenses, after deductions, et all.
Which is what I said, that is insane.
If we are talking about changing the tax codes to make people who make insane amounts of money pay insane taxes I am with ya ... when you put a cap on what I can make and tie it to some BS number you lose me.
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the money for CEO's isn't in wage/salary, it's in 'incentive compensation' that
geek tragedy
Jan 2014
#1
Yep. Enforcement is the problem, but the standards nevertheless have to be set.
loudsue
Jan 2014
#12
Ben and Jerry's set theirs at 10x the lowest paid worker which is the Green Party's proposed
adirondacker
Jan 2014
#59
I was responding to your argument on companies cutting jobs to go around the idea in the OP.
Half-Century Man
Jan 2014
#33
Nothing, because you've pretty well ensured that you will be broke very quickly.
Egalitarian Thug
Jan 2014
#26
As I said, in a sane system one would start a business because they want to do
Egalitarian Thug
Jan 2014
#34
Personally I think two things would go the furthest. Eliminate any distinction between incomes.
Egalitarian Thug
Jan 2014
#51
Or a living wage....no one is talking about a living wage, was popular at one time.....now??
a kennedy
Jan 2014
#9
If you have a machine shop you are putting money into, the money for the business is a deduction
haele
Jan 2014
#41
It's not likely I can sell you anything. But I have zero respect for great wealth.
hunter
Jan 2014
#55
The "minimum wealth" for both the foolhardy and the not foolhardy could be kept in trust.
hunter
Jan 2014
#58
Funny. Professional sports leagues like the NFL, NBA, and MLB all have salary caps/luxury taxes
Yavin4
Jan 2014
#36
Rather than a Maximum Wage that attempts to pin some number on an amorphous concept
Egalitarian Thug
Jan 2014
#53