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There should be a transparent, national paygrade system. This simplifies the tax code and addresses income inequality in one go.
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Apr 15, 2014 18:56
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| # ¿ May 22, 2024 11:45 |
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Infinite Karma posted:Are you serious? I'm as left-wing socialist as they come and this sounds impossibly oversimplified. The grade scale and administration would probably be done on the State level, and it would probably also require a mandated site for employers and job seekers.
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Apr 15, 2014 19:06
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ColoradoCleric posted:But now you're making the argument that you deserve the same income as other workers when its the employer's decision on how much you should be paid. Who decides how much executives should get paid? 'You're worth what you're worth' - Peter Schiff
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Apr 15, 2014 19:19
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ColoradoCleric posted:Typically the shareholders. Not all companies are publicly traded, and most shareholders are not particularly active in how the business is run because stocks are primarily investment vehicles used by different firms and funds. Nice appeal to the myth of shareholder democracy, though.
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Apr 15, 2014 19:24
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ColoradoCleric posted:Salaries eat into retained earnings. So it is in the interest of executives to make salaries as low as possible for the rest of the company and then get rewarded for their cost-cutting and hard work.
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Apr 15, 2014 19:38
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| # ¿ May 22, 2024 11:45 |
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Truly we live in the best of all possible worlds.
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Apr 15, 2014 19:42
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