I’m not a proponent of “taxing” the rich
or high corporate tax rates as that’s just a tax on the consumer
I believe the better the economy does, that it benefits the rich, the middle class and the low income earners (as we are seeing today )
wages are starting to rise as the market for employees gets tighter.. good employees are worth more.
I’m also completely against capping wealth. I don’t think compensation for CEOS should be capped in any way.
However would a ratio between what you can pay a ceo and what you can pay your lowest paid employees work to help reduce the income inequality gap?
lets say the average CEO makes 250 times that of the average worker
instead of a min wage for corps could we say that the ratio needs to be 250 times minimum?
That way there is no cap on ceo comp.. and workers benefit from the company doing better. (Assuming the ceo deserves his / her big salary.
Corps will still want the best talent at the top but won’t be able to gut salaries to pay for it.
If the CEO gets a raise the lowest earners also get a raise to keep the ratio in check.