How much is enough for one person to earn?
Perhaps 10 million dollars per year. A starting point for a conversation, at least.
Why should (or shouldn’t) there be a limit?
If we established an upper limit (above which all income would go into a general tax fund, so that low-earners wouldn’t have to pay any taxes, depending on how much was in the fund), what would be the general economic effects?
Imagine if anyone making under $50k per year (or whatever $ amount, depending on the Maximum Wage tax fund) didn’t have to PAY taxes — imagine how much more they would have to spend!
Worth considering!
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