ez

Businesses would be able to earn an infinite amount. It would just apply to saleries

Legalism sounds great until you try to implement it and deal with the courts and judges

who businesses will just buy off like they already do

You're missing my point

I control the business

Trying to limit salaries to stop inflation is the dumbest solution I've ever heard anyway.

Especially since for the rich

most of their money isn't from any salary

The business would be able to earn whatever and pay salaries, you as an owner would be limited to a 150k a year salary but that dosn't mean you couldn't spend more on the businesses dime.

which I could just spend on myself...

IRS can't do it's job as it is, and they're supposed to audit everyone's books to make sure no one is cheating?

I guess in your capped income future we also have free college, free helathcare, and unlimited government resources.

Any rule like that will just be exploited and bent by the rich, like it alraedy is

or the people with small businesses who would be smart enough to just spend money for themselves through their business

No, I never said anything about all that free stuff.

I'm mocking that the idea is about as useful and feasable, not that you argued for more social programs.

All we have to do is get a slightly less corrupt congress, and get a Fed that can't unilaterally change policy.

But seeing as how we keep voting for these horrendous spending bills I have little hope that will ever happen

It could be exploited, and I guess after people figure out how to exploit that system it would be useless.

I already figured out how to exploit your system and it's not even real.

The IRS barely enforces any laws as it is now.

Enron would like to disagree

heh

Makes you look pretty herpderp when you don't know the difference between the SEC or the IRS

and Enron is an example of the SEC knowing shit was going down

and not doing anything

until the company collapsed

so even in that case it's a dumb comment.

Was is stocks. I thoght enron was taxes and martha stewert was sec

It's like saying the Chicago Police arrested one man for murder so there's not a crime problem.

Scandal of crashed company's tax evasion | Business | The ...
Search domain www.theguardian.com/business/2003/feb/14/corporatefraud.enron1https://www.theguardian.com/business/2003/feb/14/corporatefraud.enron1
Feb 13, 2003Scandal of crashed company's tax evasion. The three volume report was also critical of deferred compensation plans for executives used widely to avoid tax. It noted in passing that Enron had paid $53m (£32m) in previously deferred compensation to top executives in the weeks before it went bankrupt.

I don't know how to respond without sounding like a complete asshole. But IRS, SEC, FDA, doesn't really matter the realities of these organizations always tends to be similar. Ever Broadened Scope.

Some people will get caught, but the behavior remains widespread regardless.

This article was written by an idiot

they weren't caught on tax evasion

The financial accounting rules weren't as strict

A lot of the shit they were doing besides outright fabricating the numbers wasn't really illegal

That's why Sarbanes-Oxley exists.

Enron Exec Pleads Guilty to Tax Evasion - Los Angeles Times
https://www.latimes.com/archives/la-xpm-2002-nov-27-fi-enron27-story.html
Nov 27, 2002
The tax-evasion charge stems from a 1997 deal to sell wind farms Enron owned in California. Larry Lawyer, 34, became the fourth person federal prosecutors have secured a guilty plea in their probe ...

Notice how it says Exec