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draygonia • today at 3:45 PM • 2 replies • view on HN

Maybe raising the minimum wage was never a good idea and we should instead consider a wage cap that taxes heavily those that make above some insane figure everyone should be happy with... $10m a year? That seems generous enough for now until someone turns the money printer back on.


Replies

gunalx • today at 5:11 PM

You could make it a function of a median income of some sorts.

well_ackshually • today at 5:33 PM

But think about the poor people with only ten million dollars, how will they face inflation when in ten years their $5 carton of eggs that they don't purchase is $8? :(