Conservatives love incentives. Let's pay a top executive 1800 times what a worker makes... because incentives! Let's tax capital gains at half the rate we tax worker's pay... because incentives!
Read Whole Story
A maximum wage law would limit the amount of compensation an employer could receive to a specified multiple of the wage earned by his or her lowest paid employees. The idea is not unprecedented.
The loopholes which allow such corporate excess were not exactly handed down to Moses on tablets -- each and every loophole was approved by Congress.
Get top stories and blog posts emailed to me each day..