Should there be a maximum wage?

[All Along The Watchtower]

No, I think wage-earners should be well-compensated for all of the hard work that they do, with no limits (provided that they put in the work ofc).

Now, capital gains, dividends, and "unearned income"...well, my views on that are significantly more mixed. Still haven't come to any consistent personal view on that tbh.

[Kingpoleon]

No. An effective rate of 50-55% on those making over $2,000,000 annually would not be out of place.

[mileslunn]

Bad idea and would just create many problems.  For starters a lot of the wealthy would just re-locate to other countries meaning less tax revenue to provide programs that helper lower income individuals.  But it also creates other issues too.

If you set it at a ratio to lowest paid employee this can be quite problematic.  The skills required to be CEO of McDonald's is probably not much different than the skills required to be CEO of a high tech company, but in the former it requires little skills to be a worker, while the latter does so you would expect a much bigger gap between lowest paid worker in CEO in the former than latter.

Also in some countries it could be detrimental to growth.  In countries like Canada and United States, you have a strong middle class who can afford more than the basics, but in many countries in the world average incomes are as low as $1,000 a year or less meaning the vast majority are struggling just to pay for the basics.  If the median income is that low, you need people making more than 10x the national income who have extra disposable income to spend on things beyond the basics to help fuel growth.

Now don't get me wrong, some CEOs do have excessive salaries, but I think the alternatives are worse.

[IndustrialJustice]

No. Wage-earners aren't the problem.

Sure, but the entire concept of what is a fair and just "wage" needs to be examined, too.