Maximum wage?

[RR1997]

I quite obviously believe that there shouldn't be maximum wage.

If you believe that there should be a maximum wage, please specify what you think the maximum wage should be.

[Stand With Israel. Crush Hamas]

The idea of maximum wage is pretty much where socialism becomes communism.

Naturally, opposed.

[OSR stands with Israel]

Oppose maximum wage(Not a communist)

[Sprouts Farmers Market ✘]

I am pleasantly surprised to see this losing so handily (though that might be indicative of how far right this place has gone), but I am completely disgusted by the two comments above me for shutting off debate of a topic like that. Is a marginal tax rate of 100% on earnings over say $40MM communism? That's laughable.

[Intell]

Support, don't care for rich people.

[OSR stands with Israel]

I am pleasantly surprised to see this losing so handily (though that might be indicative of how far right this place has gone), but I am completely disgusted by the two comments above me for shutting off debate of a topic like that. Is a marginal tax rate of 100% on earnings over say $40MM communism? That's laughable.

no it isnt but it is the first step on the road to communism

[Intell]

I am pleasantly surprised to see this losing so handily (though that might be indicative of how far right this place has gone), but I am completely disgusted by the two comments above me for shutting off debate of a topic like that. Is a marginal tax rate of 100% on earnings over say $40MM communism? That's laughable.

no it isnt but it is the first step on the road to communism

Every social program is a road to communism.

[OSR stands with Israel]

I am pleasantly surprised to see this losing so handily (though that might be indicative of how far right this place has gone), but I am completely disgusted by the two comments above me for shutting off debate of a topic like that. Is a marginal tax rate of 100% on earnings over say $40MM communism? That's laughable.

no it isnt but it is the first step on the road to communism

Every social program is a road to communism.

Social Security, Medicare, Medicaid,are  not even close socialist, while many socalists dont support Maximum Wage(Bernie Sanders doesnt) that means maximum wage is something in between socialism and communism

[🦀🎂🦀🎂]

At a certain level, an increased salary won't make you any happier and so is not beneficial from a utilitarian persPective.

[Orser67]

No, but I would support drastically increased taxes on the rich. Like 75% above $1 million/year.

[SWE]

The idea of maximum wage is pretty much where socialism becomes communism.

Wouldn't the abolition of the wage system be when socialism becomes communism?

[Hatman 🍁]

Yes. It may be communistic, but I think it would actually enhance capitalism, as there would be less need for some economic regulations. For example, campaign finance laws would not be as necessary, as it would be impossible for the super rich to control the democratic process, as there wouldn't be any super rich.

[Clark Kent]

Of course not. Communism is evil.

[bagelman]

Yes. It may be communistic, but I think it would actually enhance capitalism, as there would be less need for some economic regulations. For example, campaign finance laws would not be as necessary, as it would be impossible for the super rich to control the democratic process, as there wouldn't be any super rich.

What about the people who are already super rich before the law was passed? I fear a max wage would just allow old money types to prevent any newbies from rising to their level, which is deplorable.

[DemPGH]

In a manner of speaking, yes. I strongly support executive and CEO caps at somewhere between 100 and 130 times the average salary, beyond which everything is taxed at 100% to eliminate loopholes.

[bedstuy]

I think it's fundamentally impossible to make it work without the unintended consequences outweighing the benefits.

[RFayette]

Yes. It may be communistic, but I think it would actually enhance capitalism, as there would be less need for some economic regulations. For example, campaign finance laws would not be as necessary, as it would be impossible for the super rich to control the democratic process, as there wouldn't be any super rich.

What about the people who are already super rich before the law was passed? I fear a max wage would just allow old money types to prevent any newbies from rising to their level, which is deplorable.

Yeah, plus a lot of folks could just stash stuff into private accounts overseas to avoid paying that 100% marginal tax rate.  It just doesn't seem like it will work in practice.

[Mr. Reactionary]

Taxation is a necessary evil to fund those things the government must provide. It is not some social tool to seize all money above some arbitrary amount just because muh rich people are icky. If you can set a maximum wage at $45 Million, you can set a maximum wage at $5 since its all arbitrary line drawing. 

[Famous Mortimer]

Taxation is a necessary evil to fund those things the government must provide. It is not some social tool to seize all money above some arbitrary amount just because muh rich people are icky. If you can set a maximum wage at $45 Million, you can set a maximum wage at $5 since its all arbitrary line drawing. 

This argument is just dumb, even you must realize it's weak as hell. The government passes one law that's not that objectionable, but that means they could also pass a crazy law! I mean, yeah, or government could enact a crazy law right from the start. It's hypothetical, it's not going to happen though. It's like saying "but if the government passes a law saying it's illegal to put poop in a can and sell it as chicken soup, they could also pass a law banning food!"

[🦀🎂🦀🎂]

Yes. It may be communistic, but I think it would actually enhance capitalism, as there would be less need for some economic regulations. For example, campaign finance laws would not be as necessary, as it would be impossible for the super rich to control the democratic process, as there wouldn't be any super rich.

What about the people who are already super rich before the law was passed? I fear a max wage would just allow old money types to prevent any newbies from rising to their level, which is deplorable.

Yeah, plus a lot of folks could just stash stuff into private accounts overseas to avoid paying that 100% marginal tax rate.  It just doesn't seem like it will work in practice.

So if it was hypothetically proven to work would people still oppose It?

[Phony Moderate]

British football was communist prior to 1961, evidently.

[Grumpier Than Uncle Joe]

No minimum, no maximum

(Hi Torie!)

[Marokai Backbeat]

I don't have any problem with the idea, really. But I'm also not very familiar with any proposals on this matter so it's hard to say. But sure, I could support it depending on the details.

[Goldwater]

No minimum, no maximum

[TDAS04]

Not sure.  If someone wants to provide a employee with a large some of money, maybe there that shouldn't be restricted, but I can see the other argument.  There should definitely be a decent minimum wage, though.  (Or better yet, a minimum basic income).

The poor should be helped in having a minimum income for a minimum standard of living, but I'm not sure if restrictions designed to prevent people from becoming too rich would work.

Lean no.