3 ms·
Some >100% of the median income/wealth. Perhaps 1000%. Progressive taxing up to the decided-upon cutoff, eventually taxing 100% at said cutoff.
by lcnPylGDnU4H9OF 2y ago
Some >100% of the median income/wealth. Perhaps 1000%. Progressive taxing up to the decided-upon cutoff, eventually taxing 100% at said cutoff.
- dowager_dan99 2y agopsychologically people hate these theoretical limits, even though the vast majority will never, ever find them applicable
- autoexec 2y agoAs people's standard of living continues to decline "Won't Someone Think of the Billionaires?" will become less compelling
- aylmao 2y agoDo we? In school the max grade we can get is 100%, and everyone seems fine with that. People don't seem to complain that there's a cap. In videogames there tend to be max levels, or max scores. People play them knowing they won't ever hit them, and no one seems to mind. No one starts a job thinking they can get infinite raises. A lot of people tend to have a general idea of what the max compensation they can expect in their line of work is, and seem to be fine with that. I think people tend to be pretty ok with theoretical or even hard limits, especially if they're far from them.
- ThatMedicIsASpy 2y agoThe highest paid person of a company can never be paid more than 10x what the lowest end is earning. Including external contractors like cleaning staff. Very simple.