Personally I favor a progressive income tax system (& possibly some wealth taxes) with the first $50K in income tax exempt & income from $1M above taxed at 90% with gradations in-between, because it would likely bring in more overall revenue for the government, but failing that, I'm for a maximum wage of about 20 times the lowest wage pa…
Personally I favor a progressive income tax system (& possibly some wealth taxes) with the first $50K in income tax exempt & income from $1M above taxed at 90% with gradations in-between, because it would likely bring in more overall revenue for the government, but failing that, I'm for a maximum wage of about 20 times the lowest wage paid by a company. I'm okay with 15 times or even 10 times, but I think 20 times, which is about where it was in practice a half-century ago, is reasonable & would be more widely accepted.
Personally I favor a progressive income tax system (& possibly some wealth taxes) with the first $50K in income tax exempt & income from $1M above taxed at 90% with gradations in-between, because it would likely bring in more overall revenue for the government, but failing that, I'm for a maximum wage of about 20 times the lowest wage paid by a company. I'm okay with 15 times or even 10 times, but I think 20 times, which is about where it was in practice a half-century ago, is reasonable & would be more widely accepted.