we have a minimum wage, how come we dont have a maximum wage?
 

? discuss..

I assume some of you webmaster upper class tards are very materalistic and capitalists to the core, so I expect most of you to be like WTF that would suck, but regardless, let's debate and discuss.

I've been reading a lot of Jello Biafra today and hispolitical beliefs and ideas are quite interesting. why not have a maximum wage

The USSR tried this and people found a way around the system so it didn't work !

why a maxiumi wage? how could their be a limit on how much money one could make? That would just be rediculous.

Because this is America

You're for communism now?

Christ man, I'm speechless here.


Maximum wage :1orglaugh

Sounds like a terrible idea, graduated income tax works well enough.

short answer....

we're capitalists and not communists/socialists.

An economy would simply fail with maximum wages because you cap peoples buying power, means whichs the circulation of money will be less and slower.

ssp <3 :]

The minimum wage concept, it is believed, can help limit the possibility of deflation of a currency or overall economy. Similarly, it is believed that a maximum wage could limit the possibility of inflation of a currency or economy. This is achieved by the creation of a relative economic bar; meaning that any given economy, relative to its working populace, cannot inflate past the point of the relative maximum wage or deflate past the point of the relative minimum wage. Therefore, the economy effectively hovers between points of inflation and deflation. It is argued that the working populace in an economy that has both a minimum and maximum wage is, therefore, bound to live in the middle of the two economic wage points. This, supporters argue, is advantageous due to the fact that most historians agree that strong economies are supported by a strong middle class.

from wiki

Yeah that's in line with what I said. It's true that if everybody would spend all their money at once then that would create a hugh inflation, so inadvertantly capping buying power would decrease the risk and the size of inflation, but what you create is a mediocre economy which won't be poor, but will never be rich.

You can compare it to somebody working for a boss for 40 years. You know he's never going to be a millionaire but granted that he doesn't loose his job, he will never have to live in poverty either.

Shouldnt be a minimum wage either imo. Get ready for the fuckin bread and toliet paper lines if they instate your plan. :1orglaugh

Here are the problems:

1. Taxation is a form of theft. 100% taxation is a type of slavery.

2. Who gets the "excess" money? the government?

3. People normally do not work unless they receive some benefit. There will no longer be any incentive to become a high-paying executive. Rich people will quit their jobs and corporations will be in serious trouble. There will be no incentive to continue working once a person reaches the maximum yearly salary limit. Total economic output will greatly decrease because of this.

4. People will resist. Government is not almighty. People will fight a massive seizure of money. The cost of fighting "insurgents" against this new system and the cost of enforcement may exceed any benefit which is obtained.

Stop trying to think of how to forceably or legally steal other people's money. Instead, try earning money and then giving that money to help others (if that's what you want to do). Don't force people into your economic system.

If you want to do this voluntarily, then that's fine with me. I think voluntary communism is quite a beautiful system.

very well thought out, not bad for a 2nd post :thumbsup

:1orglaugh

http://www.smh.com.au/articles/2004/...?from=storyrhs

no maximum wage for a reason :pimp

Instead of a maximum wage, there should be a maximum gap between the lowest and the highest wages per company. So if the lowest wage in a company is $10/hour, the top earner (the CEO with all the packages) salary would be limited to $50/hour if the gap is 5 time. I think it is a more faire solution for everyone.

because if there was a maximum wage, the top people would not bother performing to the best of their abilities, and in the long run those abilities will far outwiegh it


its similiar to taxing say 99% of anyone who earns over 1,000,000 they quite simply wouldnt work to the best of their talents and you do not want those talents to go to waste

Why? if the lowest ranked person in the company is only in charge of cleaning the toilets, would it then be fair to say the person that is in charge of a entire department with 200 people working there is only allowed to earn 5 times more??
Or what about the multi million dollar contract negotiater in the company, should he be given the message "Sorry dude, we pay our toilet cleaner $10 per hour, so we cannot pay you more than $50 per hour", go to our competition instead, I know their toilet cleaner is getting $50 per hour :thumbsup
I think minimum wages is bullshit, supply and demand would set the wages correct in the long term.
I think top taxes is bullshit too, why should someone pay 20% points more in tax than someone else just because he or she work harder or smarter? The tax payments is already higher, why would you pay a higher % too? :mad: The more you make the less tax % should be paid.
That would make a stronger upper class with more buying / investment powers wich would eventually help people with a smaller income in form of more work, when there is more work, the salaries go up to keep the employees.
In conclusion.
There should not be a maximum wage, but a maximum tax instead.
P.S. vote for me as president :winkwink:

well maximum depends of people being succesfull

I don't see any reason for a minumum or a maximum wage

How about a flat percentage income tax? Everyone pay's the same exact percentage?

Then hire a contractor to do the washroom cleaning, if you don't want them to be employees of the company:winkwink: 5 was just an example, it could be 20 time the lower wage or whatever...