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Comment on The conservatives are calling basic Progressive policies "Communist".

TheStaffmaster@lemmy.world ⁨11⁩ ⁨hours⁩ ago

Cap top-end wages by regulating a minimum wage that can be no less than 5% of the top pay in that company, (and calling out shell companies so we don’t get a situation where the CEOs’ are technically “managing consultants” to avoid this rule.)

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Steve@communick.news ⁨10⁩ ⁨hours⁩ ago
During the 1950-60s (the best period for income inequality) CEO pay was ~30x the company average. If you want to key the limit to the company minimum as percentage of maximum, something between 1-2% would get you to a good place.

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- WaxRhetorical@lemmy.world ⁨8⁩ ⁨hours⁩ ago
  
  edit: A possibly better option would be to tax executive compensation in a way that you don’t tax payroll. Though I don’t know enough to suggest the details with that.
  
  Uh, that’s easy. Progressive taxation, above whatever amount the % increases drastically.
  
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  - Steve@communick.news ⁨8⁩ ⁨hours⁩ ago
    That’s different. That’s based purely on the amount. And I’m not just talking about salary, but compensation, which includes stock options, expense accounts, and other benefit packages that executives get beyond salary.
    
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