all 4 comments

[–]pointyball 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Says the millionaire communist.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

This will just lower tax revenues by moving the compensation out of cash and into other vehicles (stocks, company cars, company planes, etc).

In my lifetime I've been on both sides of this equation. The stress, difficulty, and hours of a C-Level job are easily 100X the lowest wage counterpart - and the compensation reflects that.

I've already negotiated a lower salary and receive more of my compensation in 401k matching, shares, and "company issued equipment". More to come I guess - because putting a hard cap on cash salaries after which people are robbed does not reduce the scarcity of people qualified for such positions.

[–][deleted] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (1 child)

Common sense is the paint we need in Washington.

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Both parties need to share that view. They don't at the moment.