Why do we have a minimum wage and no maximum wage? Let's implement a $1 million dollar maximum wage which will not hinder innovation or drive highly skilled workers elsewhere.
Why is this important?
If we have a law that mandates a minimum wage that is not even livable, then we should at least have a maximum wage to limit the greed and corruption that occurs in our society due to all our leaders being owned by the corporations. Enough is enough already. CEO's, hedge fund managers, investment bankers, etc... do not need millions or even billions of dollars at the expense of others.