Besides your whole premise misunderstanding the basics of Macro economy and/or the drivers of inflation, there’s plenty of laws that help around the world.
In Switzerland, no salary can be more than 12x any other salary in a company.
In Northern Europe, dividends are taxed at comparable levels to salary. With tax brackets and everything.
Progressive marginal taxation per bracket. There’s a famous case where a famous Swedish author made enough to be taxed 140% of income in high enough tax brackets. That might be extreme, but taxing 60-70-80% at certain thresholds have made for both fairer and more stable societies as well as plenty of tax money to spend on improving infrastructure.
I checked for references on Wikipedia now, and it seems I was mistaken, they proposed it but never seem to have passed it.
There is no such wage ratio law in Switzerland.
Besides your whole premise misunderstanding the basics of Macro economy and/or the drivers of inflation, there’s plenty of laws that help around the world.
In Switzerland, no salary can be more than 12x any other salary in a company.
In Northern Europe, dividends are taxed at comparable levels to salary. With tax brackets and everything.
Progressive marginal taxation per bracket. There’s a famous case where a famous Swedish author made enough to be taxed 140% of income in high enough tax brackets. That might be extreme, but taxing 60-70-80% at certain thresholds have made for both fairer and more stable societies as well as plenty of tax money to spend on improving infrastructure.
Im no economist, so definitely have a lot to learn here in this space.
How is it working out in Switzerland regarding the 12x? That seems very interesting as well
I checked for references on Wikipedia now, and it seems I was mistaken, they proposed it but never seem to have passed it. There is no such wage ratio law in Switzerland.