With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.

  • Rivalarrival@lemmy.today
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    17 hours ago

    I agree with the sentiment, but it’s worth noting that the current excesses of CEO compensation through stock incentives

    Securities tax, payable in shares of the security. 1% of all registered securities are transferred directly to the IRS each and every year. Natural persons can request an exemption for up to $10 million worth. No exemption for corporate or other artificial “persons”.

    IRS liquidators will auction the taxed shares over time, such that sale of taxed shares are never more than 1% of total traded volume.