3 ms·
>Or perhaps people would avoid working at places with such laws, as they tend to do currently with other economies that have strict laws that make it hard to do
by magduf 7y ago
>Or perhaps people would avoid working at places with such laws, as they tend to do currently with other economies that have strict laws that make it hard to do business.
I have no problem with that. Let them leave.
Suppose we set a maximum compensation cap of $10M/year in the US. So executives can no longer earn more than $10M/year in total compensation (salary, bonus, golden parachute, etc.).
So a bunch of overpaid execs leave the US. Where exactly are they going to go where they'll 1) be paid more than $10M/year, and 2) actually be able to do these super-high-paying executive jobs effectively (i.e., they need to know the local language, etc.)?