andrewducker: (Default)
andrewducker ([personal profile] andrewducker) wrote2017-04-20 12:00 pm
danieldwilliam: (Default)

Re: Pay caps

[personal profile] danieldwilliam 2017-04-20 01:52 pm (UTC)(link)
Well that's the obvious way of addressing the issue - higher marginal tax rates coupled with a steadily rising minimum wage which starts to replace tax credits, good investment in the sorts of public services that promote social mobility and improved incomes and the provision of decent social housing and old age pensions.

I think I'd actually be more in favour of a small reduction in corporation for companies that met certain pay ratios and which paid everyone the living wage and perhaps some other work-place democracy measures.