Should there be a limit on how much someone can earn?

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iamnotaparakeet
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21 Mar 2012, 3:35 pm

Burzum wrote:
You're using government to fix a problem created by government. Instead of applying a quick-fix by limiting how much someone can make, why not fix whatever it is that allows for people to become insanely rich? Removing artificial barriers to entry would be a good start.


Make it easier to start businesses, thus allowing for more competition to compete against megacorporations?



Oodain
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21 Mar 2012, 3:54 pm

Burzum wrote:
You're using government to fix a problem created by government. Instead of applying a quick-fix by limiting how much someone can make, why not fix whatever it is that allows for people to become insanely rich? Removing artificial barriers to entry would be a good start.


that would also be using government.

not that i support any variation of income limiting, but i do support relatively high tax brackets above the levels where a family can sutain itself for 3 generations or more, even with a lavish lifestyle.

we will never be able to prevent people from breaking the law to outsmart their competitors either.(size also matters)

i do agree with your idea, we have some of it in denmark, not to the ideal degree but the foundations have been made. (we have a good social mobility and a relatively low gap between the rich and poor,)


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Declension
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21 Mar 2012, 3:58 pm

No, but the tax system should ramp up significantly when you are earning a huge amount of money.



Joker
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21 Mar 2012, 4:02 pm

If such a policy started you can bet a huge snowball effect will take place.