Reply #4: I agree with you [View All]

[Sherman A1]

my knee jerk reaction is to tax the rich and their corporations into the dirt and stomp on their useless carcasses, but I understand the logic that Hannah Bell presents.

That said we know that the rich have pretty much found "creative" ways to gather the benefits of the productivity gains over the last 30 years, leaving the worker bees with stagnation, so I think some adjustments to the wage cap are more than in order. That could come in a variety of means such as leaving the current cap in place with payments re-starting at say the $250K level and above (a donut hole so to speak) or adding in cap gains or something else.