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If we set a maximum wage, driven people would simply move to another country. There is plenty of evidence for that as well. The Beatles, for example, came to

If we set a maximum wage, driven people would simply move to another country. There is plenty of evidence for that as well. The Beatles, for example, came to America to avoid the grievous taxes being levied in England. U.S. companies locate offices in more tax-friendly locales all the time too.

ZenoArrow 11y ago
> "There is plenty of evidence for that as well." Okay, can you show me some evidence? > "The Beatles, for example, came to America to avoid the grievous taxes being levied in England. U.S. companies locate offices in more tax-friendly locales all the time too." Both of those are examples of tax dodges. Maximum wage is different, in that people would be required to live in the country they made their main income in. Sure, you could move to the Cayman Islands, but good luck finding enough work there. We should be closing tax loopholes too, it's not an either/or situation, we can do both.
- dinkumthinkum 11y ago
  I think you are missing basic principles of economics. Your arbitrary cap on income would move companies and jobs to countries free of weird policies like that.
  - ZenoArrow 11y ago
    If old companies move, new companies would spring up to take their place. The reason this would happen is because the demand is still there. People don't stop buying clothes just because a clothes shop stops trading in their country.
    - douche 11y ago
      They do if the industry leaves, and the wealth creation that that industry provided dries up. Look at the Rust Belt.
      - ZenoArrow 11y ago
        > "Look at the Rust Belt." http://www.thedailybeast.com/articles/2014/12/07/the-rustbelt-roars-back-from-the-dead.html http://www.thedailybeast.com/articles/2014/12/07/the-rustbel...
    - dinkumthinkum 11y ago
      The people in the Cayman's will successfully fulfill that demand, I don't really understand that point.
      - ZenoArrow 11y ago
        Explain how.
        innocentoldguy 11y ago
        Take a basic economics course.
    - innocentoldguy 11y ago
      Why would they? If you knew that the potential rewards for a given business risk would be stolen from you via the government, why would you bother taking the risk in the first place?
- innocentoldguy 11y ago
  What difference does that make, ZenoArrow? Regardless of whether it is oppressive taxes or corrupt government meddling in the rewards of labor, if you steal what rightfully belongs to someone under the guise of "making things fair," those who can will leave.

ZenoArrow 11y ago

> "There is plenty of evidence for that as well." Okay, can you show me some evidence? > "The Beatles, for example, came to America to avoid the grievous taxes being levied in England. U.S. companies locate offices in more tax-friendly locales all the time too." Both of those are examples of tax dodges. Maximum wage is different, in that people would be required to live in the country they made their main income in. Sure, you could move to the Cayman Islands, but good luck finding enough work there. We should be closing tax loopholes too, it's not an either/or situation, we can do both.

dinkumthinkum 11y ago
I think you are missing basic principles of economics. Your arbitrary cap on income would move companies and jobs to countries free of weird policies like that.
- ZenoArrow 11y ago
  If old companies move, new companies would spring up to take their place. The reason this would happen is because the demand is still there. People don't stop buying clothes just because a clothes shop stops trading in their country.
  - douche 11y ago
    They do if the industry leaves, and the wealth creation that that industry provided dries up. Look at the Rust Belt.
    - ZenoArrow 11y ago
      > "Look at the Rust Belt." http://www.thedailybeast.com/articles/2014/12/07/the-rustbelt-roars-back-from-the-dead.html http://www.thedailybeast.com/articles/2014/12/07/the-rustbel...
  - dinkumthinkum 11y ago
    The people in the Cayman's will successfully fulfill that demand, I don't really understand that point.
    - ZenoArrow 11y ago
      Explain how.
      - innocentoldguy 11y ago
        Take a basic economics course.
  - innocentoldguy 11y ago
    Why would they? If you knew that the potential rewards for a given business risk would be stolen from you via the government, why would you bother taking the risk in the first place?
innocentoldguy 11y ago
What difference does that make, ZenoArrow? Regardless of whether it is oppressive taxes or corrupt government meddling in the rewards of labor, if you steal what rightfully belongs to someone under the guise of "making things fair," those who can will leave.