To: The United States House of Representatives and The United States Senate
Maximum Wage
Put an end to the unfair, absurdly high, multi-million dollar corporate executive pay scale by passing a Federal "greed tax" of 100% of personal income on those making more than $1 million per year from any source.
Why is this important?
We have a minimum wage to assure that working people are provided with at least a minimum salary. Why not a maximum wage, a "greed tax," to put an end to the absurd salaries paid to corporate executives? If no one could earn more than $1 million a year, including bonuses, and all earnings above that were taxed at a 100% level, corporate profits could be used more wisely and fairly, and salary distribution would be more fair.
No one should need more than $1 million per year to lead a good, productive, happy life.
No one should need more than $1 million per year to lead a good, productive, happy life.