Maximum wage

Jeremy Corbyn has mentioned the possibility of a "maximum wage".
>youtube.com/watch?v=JNZ44Hq0FI4

Would this be a good idea or not?
Obviously there are different ways to do this that can affect the economy in different ways, to me the most sensible way is to set a maximum percentage of company profits someone can earn in salary. That way the rest has to be reinvested into the company.

Some other people think it should be a ratio based cap i.e. the top earner of a company could only earn 50:1 compared to the lowest earner

Corbyn's idea apparently is to just tax the rest of the income away from rich people which would just cause people to leave the country and set up shop elsewhere, but is there a sensible way to achieve something like this?

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strawpoll.me/12074917
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Im all for it. I hate Corbyn but this is a good idea.
there is no way Joe Hart is worth more than 12 grand a year.
The city bosses have already earned what you will earn this year and probably the next last Wednesday.

hurr durr the government will make fix everything

Wont companies just move to US/Canada/Ireland or something?

Sounds like Communism to me. If capitalists can't increase their wallet size, there is no reason to expand and create more jobs. Therefor this is nonsense. National Socialism is the only socialism that works.

I heard they had this in Japan up into the 1990s to promote the cohesion of society.
They used to have a law that said the president of a company must earn at most 20 times the wage of any of his employees, like for example the guy who sweeps up the shop at night.

I think that's a good idea. Our big bosses and top managers have completely lost perspective and responsibility through hyperinflated wages and bonuses.

Good idea / bad idea first poll
strawpoll.me/12074917

Imperial Leather

Literally fucking retarded in an "Economics 101" way. Even a cap is dumb; they tried that shit in the 80s and City types just paid their employees in art etc.

breadlines when?

>CONSIDER a maximum wage

OK, considering......done, it's a shit idea that stifles and discourages innovation and hard work.

Igor and Grishka will never allow this.

But if you look at it the way I put it
> to me the most sensible way is to set a maximum percentage of company profits someone can earn in salary. That way the rest has to be reinvested into the company.

Then that means when company profits increase, then CEOs can still grow their salaries.

The idea was to allow all employees to benefit from company success rather than just the toffs at the top

you should have to create jobs after you have learnt a certain amount, thus making more money anyway.

No.
Because if you do this, the rich will simply find another loophole or move out like you said.
Since everyone, poor and rich alike, have legs as proven by the """refugees""" in Germany and Sweden.

Nobody like getting screwed and have their money drained to feed trash, white, brown or black. Trash is trash.

If you want the rich to invest more in your country, do it via culture, celebrations and acknowledgement of their efforts instead of mocking them and punishing them socially for simply working harder and taking more risks in life than most.

Which is done in the past but American culture destroy most of that with their celebrity worship culture.

>earnt

first of all, youre not clever

i picked a photo that said >CONSIDER because i wanted you to CONSIDER it so we can debate it, so why be so smug?

secondly please give a reason rather than just impertinently shitposting

It's a shitty idea desu
Where do you think your best people are going to go?
Why should I work in the UK when I can work in another country for much more?
Do you have any idea why high ranking business people like CEOs and whatnot have such a high wage in the first place?

>Asking this of an American


It's a good idea that batters kikes but the fact is he used footballers as an example which means he's lost the retarded working-class sheeple vote RIGHT away

So if you're a small business with a couple employees you have to give the person who sweeps the floor all your money?

Agreed, anyone working in government and academia is capped at 30k a year

Maximum wage
i.e punish success and productivity.. sure sounds like a good idea

kek

If there is a maximum wage in your country, why would the guy with the billion dollar idea that's going to change everything want to do so in your country when he can move to one without a max wage so he can become very rich?

Better make sure he has a PhD and 5 years experience sweeping floors.

Pretty much. They're fucked at the next election.

It's both a terrible idea and a great idea.

On one hand everyone who will be making LESS money from this will leave the country.

On the other hand this will for the first time actually bring opportunity to move up in the world to the oppressed who have never had opportunity, as well as lead to a more equal economic dispersal meaning less poverty.

assuming they don't cock it up, which they will

The perks of the rich aren't perks of money. They're perks of influence - that you are friends with all the best lawyers, the best tax accountants, influential politicians, newspaper editors have golf buddies who are police chiefs and judges, etc. People who'll give you a house as a gift, not as a wage. People who'll find your child a place at Oxbridge because you play poker with them on Sundays.

That's how the grand bourgeoise maintain their hegemony. Money is just the window dressing.

The fact that Corbyn would suggest such an obviously facile, pandering policy actually puts a substantial dent in his credibility for me. He's supposed to understand this stuff.

I fully believe that there needs to be a hardcap on the amount of money anyone has, be it in a bank account or in assets

Money rules the world, you could literally interchange the word for POWER and noone would be confused.

fuck off commies

why dont we just set a maximum lifespan

how about 40 years and then the state is mandated to kill you

instead of making condescending comments questioning my intelligence, how about actually explaining?

The cap isnt supposed to affect normal workers, its supposed to affect a single guy in charge whos earning 300 times more than the lowest paid person in his company which is the current reality for big corporations

You are joking but you might want to take a lot at the certifications on the cleaners and waiters in Western Europe, Russia and Cuba.
It's hilarious.

Don't forget he has said immigration at current levels is fine.
Nobody agrees with this. Labour is kill.

yes
make it proportional to the avg salary of the company's employees!!

no more ceo welfare on the back of hard working people

ofc if youre a surgeon for example working at a private practise there wont be a cap lel

if you're a small company with 2 employees why are you employing someone just to sweep the fucking floor?
im not advocating for a fucking full communism 50/50 split you maniac

why cant you just be rational instead of sperging bullshit?

The problem with the concept is the same as the problem with taxes in general.

It will hurt people who earn 100k pounds a year while the guys who earn 100M/year will simply avoid it.

Hence why taxes should be replaced by enslaving the entire population and giving the rule to the God Emperor.

>study physics at uni
>work hard, learn lots of difficult maths, have to stay in while bros who study history go out and get shitfaced etc.
>go for a Masters, do the same
>get job in the financial sector doing lots of pricing shit 99% of people can't do
>long hours but good salary
>Jezza wants to cap potential pay
>already taxed at a rate of nearly 50%

Yeah, go fuck yourself. Not my fault you spent high school and uni getting stoned.

>Nobody agrees with this.

The Tories do, you thick cunt.

Tbqh we should cut socialized healthcare off to morbidly obese people after they hit 40 unless they lose weight. These people are a fucking burden to society and we need to stop wasting so much money on them so they can continue to waste their lives away to gluttony.

Ans the ceos will simply flee and take their companies to places where they arent limited in the ammount of money thay can make

the minimum wage is being given for minimum effort/value to society

to cap the wage on a maximum is to surrender the dream for greatness to one of mediocrity

National socialism made Germany bankrupt. They started a war so they didn't have to pay denbtz.

but you only have the opportunity to do all that because of hard working people who make minimum wage!!!!

...

and how are the lowest paid workers currently benefiting from their hard work? theyre the people who are really driving the company forward, their boss just has to lead them in the right direction

its not exactly fair that their boss takes all the credit and rewards is it?

anyone over 40 should just be killed desu at that point they're already half done their life and everything is downhill

This is basically a noose to hang ourselves with, western citizens will be limited to a maximum salary while foreign business owns everything under our feet because we can't compete with their unregulated income

ur not even earning 1/10000 of what the ceo of [insert random bailedoutbythetaxpayer bank name here]

I've often wondered to what extent should someone be allowed to make money. At what point does wealth inequality cause more harm than good? I think a lot of pol, due to naturally being republican, is more inclined to take the side of coroperations and rich individuals because we value freedom. The problem,however, is if we were to try and explain why the top 20% owns 90% of the wealth. What if it were the top 20% owning 99% of the wealth? It seems that we are being a little short sided by blindly choosing the rich in all situations. It's very likely that rich dudes don't have the best intentions(soros)

The work around it with generous benefits.

>company car
>expense account
>free cafeteria
>free dry cleaning
>free massages
>free tickets to sports
>stocks
>company owned housing
>company jet or helicopter use
>insurance plans
>retirement plans

As the CEO of a FTSE 100 company on £12 million a year, Corbyn can fuck right off. Fucking commie.

>Corbyn
>good idea
Not possible. Especially that one.

.
>On the other hand this will for the first time actually bring opportunity to move up in the world
Nigger, you live in the country where moving up or down in "the world" id thr most possible, due to not doing shit like OP suggested. Where else in the world can you go from poverty stricken nigger to educated engineer in a single generation? Definitely not Europe because you'll be taxed to all hell the whole way.

Work hard.

> money is my only moral guideline
> there is no limit to my greed
> this is perfectly fine and will never give problems
you fucking leaf I hope you die

false equivalency

They did this briefly in the U.S. and it just lead to employers offering non monetary compensation for people who maxed out their wages. There's really no way to limit a total compensation package.

He called for Israeli influence on British politics to be investigated

>Where else in the world can you go from poverty stricken nigger to educated engineer in a single generation? Definitely not Europe because you'll be taxed to all hell the whole way.

Education here is cheaper than in the US, idiot. Fuck, it's free in places like Germany and the Netherlands.

Japan executives do it voluntarily. They feel obligation to the company and workers.

this is exactly what im saying but im flabbergasted by the amount of people who have came to this thread to shitpost without actually reading what im saying

>On the other hand this will for the first time actually bring opportunity to move up in the world to the oppressed who have never had opportunity, as well as lead to a more equal economic dispersal meaning less poverty.

You don't move up in the world because someone decides to give you more handouts. Your mentality will stay the same if not get worse, it's a trap for life long poverty. You never learn that you have go out and move mountains to get what you want instead of just expecting it to happen because you deserve it.

wrong

autist post proof or stfu ;-)

>Where else in the world can you go from poverty stricken nigger to educated engineer in a single generation

Tax has nothing to do with that.

If anything becoming an engineer is easier in Europe (other than Britain) because of the tiny university fees.

>Jeremy Corbyn
Stopped Reading

>Give yourself minimum wage on paper
>live in your building
>use corporate business card to pay for everything
>can even write that off at corporate level as a tax break
>create a foreign investment branch
>invest company money in some tax haven company out of your country
Wow. That sure was a tough to get around.

Considering Britain foreign and domestic policy, Saudi and Pakistan influence also need to be investigated.

Fair enough. Broken clock, then. But still screwy since he wants more Jewish power in Britain.

Why in God's name would you limit what a private company can pay it's employees? That is completely their business and should receive no interference from the government. I can put up with a minimum wage since if McDonald's didn't have to pay it, they wouldn't, but a maximum wage serves no purpose but to slap people on the wrist for success.

What kind of Communist bullshit is this? A maximum wage. So if you hit a certain "cap", you can't make more. Why would people even bother or strive to be better if there's a limit?

>Excellent invention, this will save the human race
>Here's your $20/hour

you really think you are going to be affected by this?

youre out of your mind, im amazed how anyone who can get a masters in physics can be so naive and irrational

British leyland killed your motor industry, british labour will kill what is left of your country.

Because you do most of the work yourself, you just don't have time to sweep the floors too. Commies are pretty dumb.

If this isn't corprate lobbying, what is...

Wouldn't that mean people simply stop working that hard once they reach the cap and the economy stalls?

Well I mean in reality the people rich enough to get to that cap would simply keep making money but illegally using off-shore accounts and honest people get fucked over lmao.

>free
Come on bong, you already know how this will go. Read the rest of the post about being taxed to all hell, stagnating movement through the social tiers despite actually working your ass off.

See above. Sure you're an educated engineer but you make dick doing that because half your earnings go to paying for other people's "free" education. Why do it at all?

time spent sweeping the floor is time you aren't working

You're talking about a politician who is 2 faced commie.

Yes he'll plead for a max wage but then he'll find a loophole for him and his comrades higher up to still make more than anyone else and now he can also profit from those others around him struggling to fit in to the max wage scheme.
When he's caught he'll throw his army of lawyers at anyone at anything to defend the loophole i.e: "see, it was all legal, we did nothing wrong"

Fucking commie pieces of shits.

companies leave a country if the entire company is profiting less, which is why i am against corporation tax

but how on earth is this going to push companies overseas? it would only affect a very small amount of people right at the top of corporations

>Wouldn't that mean people simply stop working that hard once they reach the cap and the economy stalls?
Initially yes, but it would cause tremendous deflation in the long run, and people will stay just as rich, but they'll start paying the workers less, and goods/services will end up costing less.

The rich will stay rich, but people like (((Corbyn))) don't understand that the particular numbers don't really matter.

did you actually read the OP?

CEOs can still grow their salary, but they have to reinvest in their business before they can do it instead of just hacking to death at the company to squeeze all the money for themselves

the people that would implement it wouldn't benefit.
They would either not implement it, or create loopholes, that would be lobbied for, and utilized.

It either doesn't get in,
Or it does, and then acts as is null, but creating bureaucratic work.

when did greed become a virtue?

yes but we're not talking about this yet

we're talking about the concept

this isnt a real argument against it

> the top earner of a company could only earn 50:1 compared to the lowest earner

that's an interesting thought, still encourages.

>companies leave a country if the entire company is profiting less, which is why i am against corporation tax
That can actually be a boon, depending on the company (and patent laws). It creates a vacuum which could be filled locally.

>greed
Ambition.

i already said corbyns idea was crazy but HE brought it up

im asking you what you think of my idea or if theres another way of doing it

Brilliant idea, that way even more of their income will avoid tax

i already said i was against massive taxes you imbecile

What if the maximum wage and minimum wage were the same? Hmmm...

No, it's fucking retarded just like ALL economic ceilings.

as i said, were talking about the concept of it

not how we would enforce it

>wage cap reached
>better stop working

It would grind the economy to a halt.

It's a fucking disastrous idea. It's ironic that he mentioned football wages as an example of people earning too much because the premier league is a perfect illustration of why his plan is batshit insane. If you were to cap the earnings of footballers in the PL then the higher earners would just fuck off to Spain/Germany/Italy/France/China and earn more there. British clubs would lose money, gate receipts would reduce, British media companies would lose money, cutbacks would happen and affect those at the bottom of organisations.

This is true of all sectors. People would leave and take their income tax with them. It's a horrible demotivator for making money and would damage the economy. Corbyn is like a 10 year old when it comes to economics.

good argument thats thoroughly deconstructed the concept

The only idea won't doing is make the poor work harder and improve themselves instead of relying on gibmedats.
By doing so, you also negate any """refugees""" coming to your country seeking welfare since you won't have any and so they have no interest coming.

With no more gibmedats, your country don't have to implement stupid rules such as this.

>i already said i was against massive taxes you imbecile
>while advocating for a maximum wage
What did he mean by this, lads?

What will motivate people to apply for really difficult specialist roles? There's a reason I'm still looking for a better a job while earning $50k a year in insurance brokerage. I want to do a more interesting job but the main motivator is money. I support a household and have two mortgages to pay. Even the wealthy live on borrowed assets. The obligation to pay down debt is everywhere. People will always want to strive for a higher wage. It's what motivates society.

Who does this policy appeal to if not vindictive underachievers?

how am i a communist for asking for a debate on a single concept?
im the most business minded person youve ever met

Oh, yea, sorry. Seeing his name blinds me with rage.

Your idea isn't so crazy, but unless it's voluntary, it won't happen. They'll find ways around it.

Are you actually asking this question in a Tibetan forum full of basement dwelling /r9k/ underachievers?