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What would happen to our society if a maximum income was implemented?

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NataliaT · F
I refer you to what China was like before the economic reform of the 1980, when such limits were in place. It was third world basket case economy.

We are humans. We respond to incentives. A tiny, micro- proportion of business leaders get ludicrous payments, but that's the choice of shareholders. All they do is reduce their own dividends. Idiots.