Re:The rich are hoarding economic growth
by AstralStorm on Monday August 21, 2017 @12:43PM
(#15065802)
Both are solved with making marginal gains tax hyperregressive. Said CEO would gain little in either case on his salary. (Making it gains also closes loopholes like getting buildings, deals, land, expensive cars or such.)
Regardless of whether he bargained for it or squashed the employees, someone paid for this gain. With increased productivity they didn't benefit from or with plain old loss.
It probably really is the only way to prevent rich from getting much richer than everyone else and taking it all.
Re:The rich are hoarding economic growth
by JamesBarney on Monday August 21, 2017 @07:30PM
(#15068643)
Do you mean hyper progressive? A regressive tax is on that taxes the rich less than the poor like cigarettes.
For instance say a company's CEO was the only person who got a raise for 30 years.
One possibility is the CEO was a real go getter who kept getting better and more valuable at his job and while everyone else stagnated.
The other possibility is that the CEO locked all of his employees into non-competes, keeping their salaries low, and freeing up budget to write himself large bonuses.
Obviously these two situations aren't going to be solved by the same solution.