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Wage Limits = Would you support a law like this
#1840040
09/09/16 07:00 AM
09/09/16 07:00 AM
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Joined: Oct 2001
Posts: 25,444
Tampa
Beer Belly
OP
Freak of Nature
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OP
Freak of Nature
Joined: Oct 2001
Posts: 25,444
Tampa
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Wage Limits = Would you support a law like this
No employee of a company can be compensated over 50x the compensation of the lowest paid 5% of employees.
No employee of a company can be compensated 25x of the mean employee compensation of the company.
Is this too socialistic?
Last edited by Beer Belly; 09/09/16 07:02 AM.
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840047
09/09/16 07:08 AM
09/09/16 07:08 AM
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Joined: Dec 2001
Posts: 13,907
AL
hunterbuck
Booner
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Booner
Joined: Dec 2001
Posts: 13,907
AL
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So, you could have a huge organization (say....McDonald's or Walmart) where 5% of the employees make $8/hr, and the CEO can't even make $1 million/yr? Max of $832K for a CEO in that circumstance.
Nope. Way too socialistic.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: Wage Limits = Would you support a law like this
[Re: hunterbuck]
#1840054
09/09/16 07:16 AM
09/09/16 07:16 AM
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Joined: Oct 2001
Posts: 25,444
Tampa
Beer Belly
OP
Freak of Nature
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OP
Freak of Nature
Joined: Oct 2001
Posts: 25,444
Tampa
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So, you could have a huge organization (say....McDonald's or Walmart) where 5% of the employees make $8/hr, and the CEO can't even make $1 million/yr? Max of $832K for a CEO in that circumstance.
Nope. Way too socialistic. He made $8 MILLION in 2015, w/ company cars, use of company jet, etc. You and I are paying taxes to support the workers in his company that are getting free social services to support themselves. Why should I "BE FORCED" to help support his employees while he is getting filthy rich? (I don't know where I stand on this, so I am playing devils advocate)
Last edited by Beer Belly; 09/09/16 07:21 AM.
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Re: Wage Limits = Would you support a law like this
[Re: hunterbuck]
#1840058
09/09/16 07:21 AM
09/09/16 07:21 AM
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Joined: Jun 2013
Posts: 2,997
Columbia, SC
CeeHawk37
10 point
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10 point
Joined: Jun 2013
Posts: 2,997
Columbia, SC
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So, you could have a huge organization (say....McDonald's or Walmart) where 5% of the employees make $8/hr, and the CEO can't even make $1 million/yr? Max of $832K for a CEO in that circumstance.
Nope. Way too socialistic. I ran the same math when I read the question before I saw your reply. I don't think the numbers really matter.. If I make it to the point where I am knocking down a salary in the millions, I want to bring home as much of that as I can. I worked to make it to that point so it's mine, no one else's.. And it's no one else's place to tell me what I "am allowed" to make. I could drone on but I feel like BB is getting at something with this post so I'll await his next response.
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840059
09/09/16 07:22 AM
09/09/16 07:22 AM
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Joined: Dec 2001
Posts: 13,907
AL
hunterbuck
Booner
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Booner
Joined: Dec 2001
Posts: 13,907
AL
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So, you could have a huge organization (say....McDonald's or Walmart) where 5% of the employees make $8/hr, and the CEO can't even make $1 million/yr? Max of $832K for a CEO in that circumstance.
Nope. Way too socialistic. He made $8 MILLION in 2015, w/ company cars, use of company jet, etc. You and I are paying taxes to support the workers in his company that are getting free social services to support themselves. Good for him. I do not begrudge others for living the American dream.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840062
09/09/16 07:23 AM
09/09/16 07:23 AM
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Joined: Dec 2001
Posts: 13,907
AL
hunterbuck
Booner
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Booner
Joined: Dec 2001
Posts: 13,907
AL
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Why should I "BE FORCED" to help support his employees while he is getting filthy rich?
(I don't know where I stand on this, so I am playing devils advocate)
Your problem is with the government...not with him or his company.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: Wage Limits = Would you support a law like this
[Re: CeeHawk37]
#1840067
09/09/16 07:27 AM
09/09/16 07:27 AM
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Joined: Oct 2001
Posts: 25,444
Tampa
Beer Belly
OP
Freak of Nature
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OP
Freak of Nature
Joined: Oct 2001
Posts: 25,444
Tampa
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So, you could have a huge organization (say....McDonald's or Walmart) where 5% of the employees make $8/hr, and the CEO can't even make $1 million/yr? Max of $832K for a CEO in that circumstance.
Nope. Way too socialistic. I ran the same math when I read the question before I saw your reply. I don't think the numbers really matter.. If I make it to the point where I am knocking down a salary in the millions, I want to bring home as much of that as I can. I worked to make it to that point so it's mine, no one else's.. And it's no one else's place to tell me what I "am allowed" to make. I could drone on but I feel like BB is getting at something with this post so I'll await his next response. I did 50x, assuming $10/hr low average salary = $1,040,000. Just to throw something out there.
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Re: Wage Limits = Would you support a law like this
[Re: hunterbuck]
#1840070
09/09/16 07:30 AM
09/09/16 07:30 AM
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Joined: Oct 2001
Posts: 25,444
Tampa
Beer Belly
OP
Freak of Nature
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OP
Freak of Nature
Joined: Oct 2001
Posts: 25,444
Tampa
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So, you could have a huge organization (say....McDonald's or Walmart) where 5% of the employees make $8/hr, and the CEO can't even make $1 million/yr? Max of $832K for a CEO in that circumstance.
Nope. Way too socialistic. He made $8 MILLION in 2015, w/ company cars, use of company jet, etc. You and I are paying taxes to support the workers in his company that are getting free social services to support themselves. Good for him. I do not begrudge others for living the American dream. What "American Dream" he is British.
Last edited by Beer Belly; 09/09/16 07:30 AM.
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840071
09/09/16 07:31 AM
09/09/16 07:31 AM
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Joined: Nov 2015
Posts: 14,092
Chilton County
MarksOutdoors
Booner
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Booner
Joined: Nov 2015
Posts: 14,092
Chilton County
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No. People cross oceans on tiny, rickety rafts and traverse across vast deserts to get here. They aren't trying to reach countries with stifling, oppressive economies. I don't bemoan anybody making millions or even billions of dollars as long as they are not stealing it. We all want to be that guy.
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."
-G. K. Chesterton
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840073
09/09/16 07:32 AM
09/09/16 07:32 AM
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Joined: Aug 2014
Posts: 13,891
Mobile, AL
SouthBamaSlayer
Gary's Fluffer
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Gary's Fluffer
Joined: Aug 2014
Posts: 13,891
Mobile, AL
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So, you could have a huge organization (say....McDonald's or Walmart) where 5% of the employees make $8/hr, and the CEO can't even make $1 million/yr? Max of $832K for a CEO in that circumstance.
Nope. Way too socialistic. He made $8 MILLION in 2015, w/ company cars, use of company jet, etc. You and I are paying taxes to support the workers in his company that are getting free social services to support themselves. Why should I "BE FORCED" to help support his employees while he is getting filthy rich? (I don't know where I stand on this, so I am playing devils advocate) His employees aren't being forced to work there. Minimum wage jobs weren't meant to be full time-grown up jobs. Your issue is with the government, not the company. A company should be able to pay whatever they want, to whomever they want.
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840085
09/09/16 07:40 AM
09/09/16 07:40 AM
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Joined: Jul 2016
Posts: 2,495
Earth
snakebit
10 point
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10 point
Joined: Jul 2016
Posts: 2,495
Earth
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Hell no. The gov should never need to be involved with the free market.
There shouldn't be a minimum wage either.
I'd rather have a job making $5 an hour than no job.
"Hate is an acid that does more damage to the vessel in which it is stored, than the victim on which it is poured."
"Ego is the anesthesia that deadens the pain of stupidity."
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Re: Wage Limits = Would you support a law like this
[Re: outdoors1]
#1840095
09/09/16 07:57 AM
09/09/16 07:57 AM
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Joined: Jan 2005
Posts: 23,919
Clarksville, TN /Greenville, ...
bill
Freak of Nature
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Freak of Nature
Joined: Jan 2005
Posts: 23,919
Clarksville, TN /Greenville, ...
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Yes and no depending on the writing of the law and if we could vote on it. We need more even distribution of wealth though it may never happen call it greed. No one deserves over five hundred thousand salary I don't care what they do. Someone on the lower end is paying for it guarantee. Too many upper level people may try to write their own legal exclusions into legislation. For example, current legislatures that passed Health Reform Act do not have that insurance, but government insurance plan. If you pass the plan you should have to be part of it immediately. American greed has gotten out of hand over the years imo.
A higher up in a company may make millions a year and in addition receive stock options with value worth millions. They could stay five years and stock options double on no part of their own because working people bought into their stock. When they leave sell out and contribute to stock downward spiral or when company still post a loss. All legal in America. All while working non-sweat 30 hour weeks and never understand the sweat part only they don't do that type work and never did. Why do you think the minimum wages has not rose proportionate to cost of living, got to have the mice turn the wheel.
Read some interesting data on AFL-CIO website that I will share. The average union employee makes over $5,000 more than non-union employee. I would pay $500 union dues if you tell me I can make $5,000 more. That should cover those dreaded union dues some complain about in the U.S. Big business wants every state to be "Right to Work" state, so they pay less wages. Good if you on the top end of business. They get more cheaper wages and more workers cheaper. Kind of a trade off it seems. Karl Marx would be proud. 
"Political debate: when charlatans come together to discuss their principles"
-
Bauvard
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Re: Wage Limits = Would you support a law like this
[Re: snakebit]
#1840096
09/09/16 07:57 AM
09/09/16 07:57 AM
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Joined: Oct 2001
Posts: 25,444
Tampa
Beer Belly
OP
Freak of Nature
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OP
Freak of Nature
Joined: Oct 2001
Posts: 25,444
Tampa
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Hell no. The gov should never need to be involved with the free market.
There shouldn't be a minimum wage either.
I'd rather have a job making $5 an hour than no job.
So a company should be able to hire illegal aliens to work, neither the company nor the illegals pay income taxes? Or Do you want some gov involvement?
Last edited by Beer Belly; 09/09/16 07:58 AM.
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Re: Wage Limits = Would you support a law like this
[Re: outdoors1]
#1840110
09/09/16 08:12 AM
09/09/16 08:12 AM
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Joined: May 2015
Posts: 6,363
On the X
TickaTicka
12 point
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12 point
Joined: May 2015
Posts: 6,363
On the X
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Yes and no depending on the writing of the law and if we could vote on it. We need more even distribution of wealth though it may never happen call it greed. No one deserves over five hundred thousand salary I don't care what they do. Someone on the lower end is paying for it guarantee. Too many upper level people may try to write their own legal exclusions into legislation. For example, current legislatures that passed Health Reform Act do not have that insurance, but government insurance plan. If you pass the plan you should have to be part of it immediately. American greed has gotten out of hand over the years imo.
A higher up in a company may make millions a year and in addition receive stock options with value worth millions. They could stay five years and stock options double on no part of their own because working people bought into their stock. When they leave sell out and contribute to stock downward spiral or when company still post a loss. All legal in America. All while working non-sweat 30 hour weeks and never understand the sweat part only they don't do that type work and never did. Why do you think the minimum wages has not rose proportionate to cost of living, got to have the mice turn the wheel.
Read some interesting data on AFL-CIO website that I will share. The average union employee makes over $5,000 more than non-union employee. I would pay $500 union dues if you tell me I can make $5,000 more. That should cover those dreaded union dues some complain about in the U.S. Big business wants every state to be "Right to Work" state, so they pay less wages. Good if you on the top end of business. They get more cheaper wages and more workers cheaper. Kind of a trade off it seems. Wow. Are you Bernie Sanders?
Public Land Owner
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840111
09/09/16 08:13 AM
09/09/16 08:13 AM
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Joined: Nov 2015
Posts: 12,918
Old Florida
Geno
Booner
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Booner
Joined: Nov 2015
Posts: 12,918
Old Florida
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I would go for that if it involved everyone.
Whoever is happy will make others happy too. Anne Frank
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Re: Wage Limits = Would you support a law like this
[Re: TickaTicka]
#1840123
09/09/16 08:26 AM
09/09/16 08:26 AM
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Joined: Oct 2013
Posts: 2,783
alabama
outdoors1
10 point
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10 point
Joined: Oct 2013
Posts: 2,783
alabama
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Yes and no depending on the writing of the law and if we could vote on it. We need more even distribution of wealth though it may never happen call it greed. No one deserves over five hundred thousand salary I don't care what they do. Someone on the lower end is paying for it guarantee. Too many upper level people may try to write their own legal exclusions into legislation. For example, current legislatures that passed Health Reform Act do not have that insurance, but government insurance plan. If you pass the plan you should have to be part of it immediately. American greed has gotten out of hand over the years imo.
A higher up in a company may make millions a year and in addition receive stock options with value worth millions. They could stay five years and stock options double on no part of their own because working people bought into their stock. When they leave sell out and contribute to stock downward spiral or when company still post a loss. All legal in America. All while working non-sweat 30 hour weeks and never understand the sweat part only they don't do that type work and never did. Why do you think the minimum wages has not rose proportionate to cost of living, got to have the mice turn the wheel.
Read some interesting data on AFL-CIO website that I will share. The average union employee makes over $5,000 more than non-union employee. I would pay $500 union dues if you tell me I can make $5,000 more. That should cover those dreaded union dues some complain about in the U.S. Big business wants every state to be "Right to Work" state, so they pay less wages. Good if you on the top end of business. They get more cheaper wages and more workers cheaper. Kind of a trade off it seems. Wow. Are you Bernie Sanders? Not that old yet never supported Colonel Sanders! Are you Hillary?
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