I would like a law

[lynxreign]

It is a simple law.

No employee of any company at any level can make more than 100 times the lowest paid employee of that company.

You're paying someone $20,000 a year, then you can make 2 million a year. Want a raise? You have to raise the salaries of the lowest paid employees.

Now, tell me why you don't like my law.

Comments

[chaoticmoth.livejournal.com]

I am sorry, but explain to me how making 100.01 times someone's salary is more damaging to society than making 100 times their salary?

[lynxreign.livejournal.com]

Why don't you explain to me first how making 10,000 times someone's salary is more damaging than 100. Here's a start: Bottling up a huge portion of the nations wealth in the hands of just .1% of the population has directly lead to the housing and stock market crashes. When the wealthy have that much money lying around, they look for something to do with it. They certainly don't spend it. So they make crazy bets. We have quite a few examples of this. Unfortunately, they manage to make it look like it is working for awhile and the people who have a lot to lose jump in as well and get crushed when it all comes tumbling down.

and the people who have a lot to lose jump in as well and get crushed when it all comes tumbling dow

[chaoticmoth.livejournal.com]

So your goal is to protect people from themselves?

[lynxreign.livejournal.com]

Nope, my main goal is to protect society and the vast majority of citizens from individuals who see nothing wrong is harming them for their own short-term enrichment.

[lynxreign.livejournal.com]

Oh, and let me know when you come up against that limit. We'll go out and celebrate. On you, of course.

Oh, and let me know when you come up against that limit. We'll go out and celebrate. On you, of cour

[chaoticmoth.livejournal.com]

And if I go over the limit, we go out and celebrate, on you. :)

[lynxreign.livejournal.com]

Sure, I feel pretty comfortable with that. Of course, I'll have to mourn the repeal of the minimum wage law for that to happen.

[chaoticmoth.livejournal.com]

You forget, there are certain businesses/employees not subject to the minimum wage. :)

[lynxreign.livejournal.com]

And you work for one of those?
or are you going to go find a company that'll pay you $1000 a year while paying some poor guy $10? for a year of work?
Remember, if he only works 1 hour, then he's making $20K a year for the purpose of the conversion.

[chaoticmoth.livejournal.com]

I start my own and pay CB $1/month. :)

[lynxreign.livejournal.com]

Let me know when you've paid taxes on it.

[chaoticmoth.livejournal.com]

I have to form it first. :)