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In reply to the discussion: Can we talk about a Maximum Wage? [View all]Lurker Deluxe
(1,036 posts)56. You can't sell me the multiple of 20
It's just insane when you are talking about wealth that somehow you will limit my wealth to someone who can choose to not save, invest, take care of property .... any list of things.
You say there is a minimum wealth, how do you do that?
You give me a job, I spend all the money.
You give me a house, I let it fall into disrepair.
You give me a car, I wreck it.
How do you keep me in this "minimum wealth"?
And how do you stop the man who works the same job but instead of blowing his money he invests, improves his home, and lives below his means, from accumulating more than 20 times the foolhardy spender??
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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