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

[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.