The problem with a maximum wage is deciding what that maximum is. Outsides returns are what incentivize people to start companies. A earning cap will cap that incentive accordingly.

Progressive tax scales solves that problem neatly.

Tax on income keeps wealth with people who have wealth, and people without wealth wage slaves.

If you rent a $10m house you pay $500k a year for it. With 50% tax you'd have to earn $1m a year to pay the rent.

If you own a $10m house you pay no rent, and have to earn $0 a year to live there.

Wealth tax is a thing.

The maximum wealth should be capped exactly where it becomes a tool to buy or assert influence over democracy.

People hate the thought because it's repeatedly failed to work historically, with even explicitly Marxist states deciding that it's best to allow some billionaires.

It’s easy to determine what income would be if everyone made the same amount - average income, which is $72,000 per worker.

That includes everyone who filed a tax return from the kid working at McDonald’s to Warren Buffet.

Not sure what you’d call a comfortable life but a single mom making $72,000 per year would be struggling in many major cities.

People don’t become ultra wealthy from a high income, they generally own a business that increases in value.

Sure, but the only way they can access that wealth is to sell ownership, which would produce income.

So all those people who sold $100M businesses are included in that $72,000 figure.

What a complete non-sequitur. A wealth cap of, say, a billion dollars would have none of the same implications

It’s not a non-sequitor.

The comment I replied to referenced a “wealth cap” and “redistribution” so “everyone could have a comfortable life”.

My point is that take to an extreme of equal redistribution to everyone, people would end up in a barely comfortable position.

Your point is that too much of something to an extreme is bad. That's true of everything. What's the point?

Some of us believe in liberty of property and maximum wages is not compatible with that.