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You want to limit professional athlete salaries? Cool, the teams will save a whole lot of money, their owners will be real happy.
by Zenbit_UX 7y ago
You want to limit professional athlete salaries? Cool, the teams will save a whole lot of money, their owners will be real happy.
- adventured 7y ago> You want to limit professional athlete salaries? Of course I never said that, you did. I'm very clearly pointing out the hypocrisy of California and its regressive, anti-human policies in action. If they weren't hypocrites, they'd similarly cap athlete salaries based on the lowest paid employees of the team the athlete plays for - given the extreme pay imbalances in question. I believe the state officials proposing this are cowards and going after easy populist targets, so they'll never dare to act consistently and target athlete pay for exactly the same reason as executive pay. Citizens can hardly run away from California any faster. It's so bad they're set to begin losing congressional seats for the first time in their history.
- speedplane 7y ago> Citizens can hardly run away from California any faster. It's so bad they're set to begin losing congressional seats for the first time in their history. Liberal California may be losing population to conservative states like Texas, but conservative states like Texas are becoming far more liberal.
- dragonwriter 7y ago> I believe the state officials proposing this are cowards and going after easy populist targets, so they'll never dare to act consistently and target athlete pay for exactly the same reason as executive pay. The reason is that executives decide other employees pay; the rule doesn't cap highest-paid-employee pay but executive pay. Higher paid athletes don't set the salaries of lower paid athletes.
- dmode 7y agoIs that why California’s population actually went up by 2 million ? The people leaving CA myth is more nuanced. There is domestic out migration of poorer and conservative population, which is replaced by higher income international migration. That story never seems to be told because it doesn’t jive with the narrative ?
- vecinu 7y ago> More people are leaving California than moving in, evidence of the toll the state’s housing crisis is taking as the world’s fifth largest economy inches toward 40 million people. [1] What is the myth again? [1] https://ktla.com/2019/12/20/californias-population-stalls-at-39-million-as-states-growth-rate-slows/ https://ktla.com/2019/12/20/californias-population-stalls-at...
- dmode 7y agoThe myth is that there is overall net out migration. But the reality is that California's population is actually growing and there is net migration into the state. There is net domestic migration out of the state, which is more than offset by positive international migration into the state. Even within domestic migration - people leaving are poorer and people coming over are richer and wealthier. The "exodus" stories are often peddled to tell a story on how productive people are leaving and there will be no tax revenues. But the opposite is actually true. So, to summarize - 1) Net migration to CA is positive and 2) Net migration is actually bringing in more high income folks https://calmatters.org/explainers/california-population-migration-census-demographics-immigration/ https://calmatters.org/explainers/california-population-migr... https://www.latimes.com/politics/la-pol-sac-skelton-income-tax-california-wealthy-20190311-story.html https://www.latimes.com/politics/la-pol-sac-skelton-income-t...