With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
I completely agree with the concept of taxing income above a certain limit entirely. I think that only solves a portion of the problem, with the majority of the problem being solved by well implemented wealth taxes. Every dollar of wealth over something like 50 million USD should be taxed at 100%. No one should ever become a hundred millionaire again, let alone a billionaire.
50 million is too damn high.
I mean I completely agree, but this is Lemmy not a bill proposal. I’m picking a number everyone should be able to agree with because that limits the number of dumb comments I get.
If I was writing a bill I’d probably hard limit it to 20 million with it being soft limited starting at 6 million.