General Discussion

Nevernose

(13,081 posts)

27. Michael Moore suggested an alternative:

Thu Jul 5, 2012, 08:37 PM

Jul 2012

A new law or amendment, making the maximum pay at a company no more than, say, a hundred times what the lowest paid employee makes. That way a person could still make obscene amounts of money (this is America, after all), but I guarantee that the janitors still be paid pretty well. It gets to the whole point, that of an equitable wealth distribution.

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Why is there no maximum wage? [View all] madinmaryland Jul 2012 OP

France's Hollande is doing this for those that receive Lionessa Jul 2012 #1

Here's the France info link. Lionessa Jul 2012 #2

What if my wage is the product of fair and legal transactions valued by my customers? Nuclear Unicorn Jul 2012 #3

People should not be allowed to accumulate unlimited amounts of money. limpyhobbler Jul 2012 #6

Voluntary and fair transactions distort nothing. Nuclear Unicorn Jul 2012 #8

By that logic you would also be against a minimum wage. limpyhobbler Jul 2012 #9

I feel I should be allowed ChazII Jul 2012 #21

Would not affect you. I was thinking maybe a max wage of about $75000/ hour... limpyhobbler Jul 2012 #24

A. No one would be forcing you to work. B. How much more than more do think is adequate Egalitarian Thug Jul 2012 #13

If you believe that your working hours are too high, feel free to share the load. Sirveri Jul 2012 #41

And what would that be? Marinedem Jul 2012 #4

Lets try maybe $5000 per hour? limpyhobbler Jul 2012 #10

What about a author who writes a book that makes $150 million? The author makes $10 in your plan.... Logical Jul 2012 #12

No not $10....they can make $10 Million dollars per year. $5000 per hour. Or $10 million per year. limpyhobbler Jul 2012 #14

I meant $10 million. Why does the author get only $10 million but the publisher gets the rest? Logical Jul 2012 #15

OK fine lets set it at $75,000 per hour. That's $150 million per year and takes care of your author. limpyhobbler Jul 2012 #16

I can see your point but do you see what I mean? If I create something (movie, book, invention) .... Logical Jul 2012 #17

Yes I see your point. I think this author could still live pretty good on $75,000 / hour. limpyhobbler Jul 2012 #19

Except that they wouldn't. Occulus Jul 2012 #37

I think there probably should be some kind of tax on amounts over some level. Hoyt Jul 2012 #30

I 100% agree with you! Higher tax rates are needed!! Logical Jul 2012 #31

What we need is a tax per trade for all Wall St. transactions Occulus Jul 2012 #38

It would actually go to the government, the only way to accomplish max wage is with taxes Sirveri Jul 2012 #42

Great idea! Especially for sports and entertainment figures. FarCenter Jul 2012 #5

Explain why? So the studio can make the money and not the star?? Really? Logical Jul 2012 #11

The studio's spending on image, publicity, marketing, production and distribution make the star FarCenter Jul 2012 #18

I don't care what some other person makes NNN0LHI Jul 2012 #7

Sorry, I don't see that working out. Marinedem Jul 2012 #20

I think this is a cute distraction. The issue is a living wage for all workers. stevenleser Jul 2012 #22

There is at my co. There's a max. wage for the various job titles. But "wage" does not include Honeycombe8 Jul 2012 #23

Because the idea is kind of silly. MrSlayer Jul 2012 #25

There is orpupilofnature57 Jul 2012 #26

Michael Moore suggested an alternative: Nevernose Jul 2012 #27

I like that idea. laundry_queen Jul 2012 #29

this would be awesome limpyhobbler Jul 2012 #32

So A-Rod would earn 100 times what the batboy is paid? (nt) Nye Bevan Jul 2012 #34

I don't think bat-boys are paid, but the locker room janitors would be happy. n/t Egalitarian Thug Jul 2012 #36

At one time sane progressive taxation and inheritance tax used to RKP5637 Jul 2012 #28

Hmmmm. What should A-Rod be paid? (nt) Nye Bevan Jul 2012 #33

Because its a stupid idea. geek_sabre Jul 2012 #35

It's already a reality for some of us Occulus Jul 2012 #39

And who gets to decide what the maximum is to be? WillowTree Jul 2012 #40