(08-16-2021, 04:47 PM)jagibelieve Wrote:

(08-16-2021, 04:16 PM)Lucky2Last Wrote: Ok. I was never linking this to the gross income of the business. This is purely an expendable income comparison. Using your same example, your contractor can take home up to 3 million without paying the labor more than 30k. If the contractor wants to make more, he needs to increase the pay of his laborers. It's not redistribution as much as it puts a soft cap on earnings. Want to make more? Pay your employees more. The government never collects a dime. There is no limit to wealth growth. You just have to shut down the loopholes. 

Now, think of the wealth redistribution that's already happening. Think of how much of your taxes are being used to fund various forms of social welfare. That's increasing every day.

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Posting from my phone, so keeping it short and sweet.

You still don't get it.  There is a difference between "wealth" and "income".

Regarding the part in bold, what if instead he hires more laborers and gets more work done?  The pay doesn't go up for the price of a laborer, the quantity of laborers goes up.  Getting more work done means that the owner makes that much more minus the cost of the extra laborers without artificially raising the pay of the workers that he has.

Explain to me how the contractor would "make more" if he paid the workers that he has more?

By wealth, I mean the total amount of value accrued by an individual as a form of payment. I don't think someone should be able to exploit a loophole to pay for their vehicle or house or stocks and not count it as their income. If you are using wealth differently than that, know that I am not. To your address your bolded question, how does anyone make money? For most businesses, the truth is that what I am proposing should be a moot point. The average owner is not taking home 100X more than their lowest paid employees. That would be absurd. The reality is that you're probably not seeing those numbers until we start looking at corporations, and those corporations make more profit by becoming more efficient with business expenses and payroll. I think we should limit how much they can cut cost of their employees. The sole job of the CEO is to raise the profit for all in involved. I'm just creating a soft cap with this program.

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