With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
Shell companies are already used to evade tax. That does not necessarily mean we should abolish tax as perhaps calcopritus is suggesting (I can’t tell).
Mind you it is arguable that a wealth tax or land tax should replace income tax. That would make the tax dodging more difficult.
I don’t say to abolish tax. With tax, however, you can set taxes on the transactions made for evading taxes. You can’t set a maximum wage on foreign companies though.
A clue would be to see how the following was implemented (from the same article):
A referendum in [that same] year to give shareholders a binding say over executive pay and ban golden handshakes and parachutes was overwhelmingly backed by voters.
Yes, and I hate it, but I’m not sure I have a workable solution.
I think it’s a good idea, but it’ll be a hard one to implement
Taxing wealth is simpler to implement than taxing work. Political will is the obstacle.