Worker-owned businesses: 'We get paid the same regardless of role'

Re:Worker-owned businesses: 'We get paid the same regardless... by rayiner on Monday March 12, 2018 @01:17PM (#16569640)

The top 1% earn 20% of all income. If you got rid of them, everyone could get a 20% raise. E.g. cashier goes from $30,000 to $36,000. Much less to split than people assume.

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Re:Worker-owned businesses: 'We get paid the same regardless... by dragonwriter on Monday March 12, 2018 @03:25PM (#16570659)

> The top 1% earn 20% of all income. If you got rid of them, everyone could get a 20% raise.

No, that's clearly wrong. If the top 1% get 20% of the income, redistributing their income to everyone else would give everyone else a 25% raise.

20% of 100 is 25% of 80.

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Re:Worker-owned businesses: 'We get paid the same regardless... by rayiner on Monday March 12, 2018 @04:58PM (#16571565)

You are, of course, correct.

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Re:Worker-owned businesses: 'We get paid the same regardless... by dctoedt on Monday March 12, 2018 @03:19PM (#16570607)

> everyone could get a 20% raise

So even the people in the 90th- to 99th percentiles would get a 20% raise?

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