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View Diary: Maryland and Minnesota Democrats Undercut the National Party on the Minimum Wage (67 comments)

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  •  Sure... there already is a $1M cap (1+ / 0-)
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    Odysseus

    which means as long as no one is making less then $5000 per year (which is $2.40/hour) then your 200x ratio calculation is superlative.

    And btw... that $1M cap didn't exactly accomplish what people thought it would.  

    SEC Chairman Christopher Cox once said it deserves a “place in the museum of unintended consequences.”

    Barbara Lee introduced a law last year along your lines.. in fact, I think it was much stricter.  It would limit the deductions of any full-time employee if there was more then a 25x disparity between them and the lowest-paid employee.

    Here is some analysis on what that might accomplish, if you are interested:.

    Красота спасет мир --F. Dostoevsky

    by Wisper on Tue Apr 08, 2014 at 07:44:17 AM PDT

    [ Parent ]

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