• SGG
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    3120 days ago

    Because even if this was implemented, rich assholes will find ways around it.

    That house? Oh it’s owned by an LLC that rents it from the company I own for $1a month, I then house sit as a second job for $1 a month.

    That car? Same deal.

    My internet, home phone, electricity, water, insurance and all other home expenses? Paid for by my company as part of WFH rules for executives.

    I also have regular business meetings in Hawaii and other overseas locations for business purposes.

    • @[email protected]
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      20 days ago

      Don’t forget:

      Those politicians who are in a position to pass laws with regards to my taxes, income level, and other means of hoarding power? Oh, they’re owned by me thanks to legal bribery.

      And those other politicians who want to introduce a maximum wage, higher taxes, or anything remotely socialist? Oh, the media outlet/s I own, along with the politicians I’ve already paid off can easily smear them out of contention.

      Both possible because the system is what it does and is designed to encourage these kinds of disparity and inequality, not combat it.

  • @[email protected]
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    1819 days ago

    Under capitalism it would be laughably easy to circumvent, and even in premise it is flawed because it would only target the small number of top CEO’s.

    The truly rich does not even recive wages.

    • @LavenderDay3544
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      219 days ago

      So then tax all capital gains as income. I don’t get why capital gains get taxed less than income. If anything they should be taxed more.

      • @[email protected]
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        618 days ago

        Goooooood luuuuck with that under the dicatorship of capital.

        I don’t get why capital gains get taxed less than income

        I mean entire system is even called CAPITALISM, what’s unclear about it?

  • originalucifer
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    1320 days ago

    the best way to attempt to implement a maximum wage is to tax the every loving fuck out of anyone make a certain amount ie, you make 10m/year a thats 100% progressive tax.

    but it wont happen because humans are weak and the rich have bought the government.

    • @[email protected]
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      519 days ago

      I like corporate taxes being tied to the ratio of the highest compensated full time worker and the lowest compensated worker. Note that I specifically said compensation and not wages and full time worker and not employee.

      If the highest compensation package is stock options worth 30 million and the lowest compensation is an “independent contractor”, that scrapes by on 30k a year. The ratio is 1000, some standard equation would then define the corporate tax rate. Hopefully a ratio that high would be 100%

        • @[email protected]
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          318 days ago

          Many countries would consider companies that are created like this just to “get around” a rule or law to be the same company. They consider the “spirit of the law”, and sometimes even give fines for attempting to skirt it like this.

        • @[email protected]
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          219 days ago

          That’s why I said full time worker. If I work for company A, but 90% of my time is dedicated to company B. My effort primarily benefits company B, therefore my compensation counts to company B. Really causes a problem for companies that employs sweatshops.

  • @[email protected]
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    619 days ago

    i think if you ask that question, itll result in abolishing the minimum wage, in the usa anyway

  • Cyberpunk Librarian
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    317 days ago

    “Let’s not play the game of five whys because the fifth why is always ‘capitalism.’” ~Stuart Langridge

  • @[email protected]
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    19 days ago

    WAGES aren’t how the elite earn money.

    Someone making 400k/yr is paying the top marginal tax rate. They’re working. Value their job or not, they punch a clock.

    That’s not the rich. The rich don’t work for a wage, they don’t work. Their money makes them money, and instead of paying the pitiful capital gains, they borrow against their investments for tax free living.

    Stop targeting wage earners, and target your anger at people who actually pull the strings.