From: Tony Williams 

Gary Britt wrote:
> Well you may like the idea but that is a sure fire method for killing
> productivity, innovation, and economic growth and vitality.

Why? Say you require that the lowest paid worker gets at least 1/100 of the
highest paid within that company. Everyone still has the incentive to make
the company succeed, and everyone gets a share of the profits. In fact, the
incentive is greater for most of the workforce because they're guaranteed a
share, unlike now where they're unlikely to see any.

--
Tony

> Gary
>
> "Tony Williams"  wrote in message
> news:43b9a3fd{at}w3.nls.net...
>
>>I thought that term might catch your eye. The problem is that the
>>rewards become disproportionately large, leading to huge amounts of
>>wealth locked up in the bank accounts of a tiny number of people.
>>
>>Success should be rewarded of course, but the scale of the rewards has
>>gotten out of control. In the present system once you've got a lot of
>>wealth it becomes easier to get more where it should really be the other
>>way around. A progressive tax system is a good way to achieve this.
>>
>>I rather like the idea of limiting compensation of the highest paid
>>staff to some multiple of the lowest paid.
>>
>>--
>>Tony
>>
>>Gary Britt wrote:
>>
>>>People who make more do PAY more taxes.  The rate of taxation does NOT
>
> have
>
>>>to increase in order to make that happen.  Wealth redistribution is a
>>>communist idea from 1800's and Marxism.  It is nothing but a method
>
> designed
>
>>>to steal from those who earn it so those who didn't earn it can buy
>
> power
>
>>>with it from those too lazy, stupid, or lacking in other basic skills to
>>>succeed can be rewarded for their lack of industry or care for their own
>>>families.
>>>
>>>Wealth redistribution is the PUNISHMENT of success and idea that is so
>>>obviously stupid that just stating that which it is should be enough to
>>>convince any sentient being that the idea is stupid.
>>>
>>>If you want less of something you punish it.  If you want more of
>
> something
>
>>>you reward it.  You want more people to be successful then REWARD
>
> success.
>
>>>You want more people to be broke, lazy, and shiftless then REWARD that
>>>behavior with wealth re-distribution.
>>>
>>>Insane.
>>>
>>>Gary
>>>
>>>"Tony Williams"  wrote in message
>>>news:43b98bae$1{at}w3.nls.net...
>>>
>>>
>>>>How about we all chip in a little? Those of us with more
money can pay
>>>>higher taxes to redistribute the wealth to where it's needed most. Or
>>>>maybe we could do something about the difference in pay rates between
>>>>upper management and the rest of the workforce? I find it hard to
>>>>believe that any CEO is worth more than the rest of the workforce put
>>>>together.
>>>>
>>>>--
>>>>Tony
>>>>
>>>>Ellen K. wrote:
>>>>
>>>>
>>>>>Hey, wanna pay mine?  I'm horrified at the amount.
>>>>>
>>>>>On Fri, 30 Dec 2005 12:35:34 -0800, Tony Williams

>>>>>wrote in message :
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>>more
>>>>>>welfare spending is needed and if that means higher
taxes then fine,
>>>>>>I'll be happy to pay.
>>>>>
>>>>>
>>>
>
>

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