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If the US employed Swiss salary caps


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Aaron Rodgers would make 2.25 million, which is 10% of what he makes now.

Joe Facco would make 2.25 million, or about 11% of what he makes now.

Drew Bees would make 2.25 million, or about 11% of what he makes now.

Peyton Manning would make 2.25 million, or about 11% of what he makes now.

Calvin Johnson would make 2.25 million, or about 12% of what he makes now.

Tony  Romo would make 2.25 million, or about 12% of what he makes now.

Eli Manning would make 2.25 million or about 15% of what he makes now.

Mario Williams would make 2.25 million or about 14% of what he makes now.

Larry Fitzgerald would make 2.25 million or about 15% of what he makes now.

Tom Brady would make 2.25 million or about 15% of what he makes now. 

More importantly, the team "corporation" would then be about $100+ million richer, thus make the owners that much richer *without* salaries, but by net worth.  

The whole salary thing is a complete red herring. 

That is an eye opening point.

what is the source of this discussion?

I think having a minimum income is much different than having a maximum one!

That article mentions that "A separate proposal to limit monthly executive pay to no more than what the company's lowest-paid staff earn in a year, the so-called 1:12 initiative, faces a popular vote on November 24."

That's certainly one way to raise the minimum wage.

I was generous and used a 1:15 cap just to be more inline with the software engineering productivity numbers.  Still, it seems like a really bad idea. 

Another note, if Switzerland really feels like they can maintain being the financial hub of Europe, then I'd like to see them go right out and try to institute a wealth tax instead of a salary tax. 

I think that the Swiss used to have, NOT a flat-rate tax, but a flat-tax without respect to annual income.  There is a book called the Sovereign Individual that long ago looked at the practical side effects of a flat, fixed tax and how money and wealth would anneal and metastasize to other locations.  

There's an interesting excerpt here:

http://tinyurl.com/flatswisstax

That IS interesting.

And yes, I hear NO ONE talking about a wealth tax, which is actually the most fair system.

Taxing income just means there's a special class of people who are wealthy through inheritance.

Being born into the right family is like winning the lottey.

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