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New From Seth Meyers: The Trump Tax Bombshell Reveals How the System Is Rigged

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Joe Bacon ✅9/29/2020 9:25:00 am PDT

re: #99 A Mom Anon

This isn’t very popular, but I believe there should be a cap on personal wealth. 50 million is a fair number. After that, all the money needs to go back into the business, to the employees. From the lowest paid first, and move up from there. Any other money not needed to run the business should be put into actual pensions. If you can’t live a life well on 50 million bucks, your problem ain’t a lack of money.

I have come to the point that I now support a Maximum Wage tied to 80% of the salary of the President. If you can’t make ends meet on $320,000 per year, tighten your belt.

I also support giving the SEC control on corporate executive salaries, tying them to pay for performance and limiting it to no more than 10X the salary of the average corporate employee up to the $320K cap.

It’s also time to restore the Inheritance tax to pre-Reagan levels.

And it’s time to eliminate golden parachutes for corporate pimps.