Six to One Maximum Wage

Download or read book Six to One Maximum Wage written by Christopher Orloski and published by . This book was released on 2017-01-08 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inspired by Bernie Sander's 2016 presidential campaign message, Christopher Orloski understands the problem of wealth disparity in America. After all, Chris is on the bottom rung of the ladder with his government disability check equivalent to a minimum wage of $8.18 per hour. It dawns on Chris that if there is a minimum wage, why not a maximum wage? Guess what Chris finds after performing research. He learns that in 2013 there was a Swiss referendum to cap 'fat cat' pay at a 12:1 maximum wage. The referendum failed to pass with only 34.7% of voters in favor. Further, Chris finds that the city of Portland, Oregon in 2016 created a surcharge for corporate executives making more than 100 times the median salary of their employees. That's a maximum wage of approximately 110:1. The state of California attempted a similar tax in 2014, but the state legislature failed to reach a supermajority required for a new tax. Perhaps a 6:1 maximum wage is not so outlandish after all. But, the concept of wealth equality is in absolute contravention to the capitalistic principle of having no ceiling on one's income. In unfettered capitalism, a cap on greed cannot be permitted. Yet, Chris believes that even were wealth evenly distributed, those with six times that of everyone else would be happily quite well off. This book is primarily a blank journal for making economic notes on the predicted efficacy the proposed 6:1 maximum wage model. Several pages are devoted to proposing the model's principles, goals and rules. The rest of the book is blank for anyone interested in the economy to record their thoughts and opinions. Any feedback collected in your journal may be submitted to Chris for inclusion in his next book on the subject. Contact Chris at [email protected].