Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Can we talk about a Maximum Wage? [View all]Lurker Deluxe
(1,031 posts)48. sane?
You start a business to make money, unless you are going non profit, why would there be any other reason to start a business?
Limiting what a person can make is just fundamentally wrong. Taxing what they make progressively is fine, putting a cap on it is crazy.
Just curious though, is the cap the same for everyone? Or can some people make more than others?
Edit history
Please sign in to view edit histories.
60 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
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