this post was submitted on 17 Mar 2026
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There is absolutely no one hard working or intelligent enough to be worth 4M$/hr.
Doesn't matter how many Harvard-level degrees you have.
The only possible argument for someone earning that much money is if "they took a huge risk by investing a lot of money in a hugely risky business opportunity".
And in that case, such risk should not exist. If a government wants to truly encourage entrepreneurship, it should provide with the basic needs for everyone, even if they lose everything in a risky business that didn't pay off. At the expense of course of taxing it when it does pay off.
Otherwise, only the rich can be entrepreneurs.
I guess the reality is you're clawing away peoples ability to become that rich old man while leaving him unaffected.
No.
Nobody is going to become that rich out of skill/hard work/intelligence. The level of wealth we are talking here is only obtainable via the exploitation of others.
We are not talking about a highly skilled surgeon that saves many lives earning some hundred thousands per year. There are people out there that earn millions per month.
And you're not leaving the rich people unaffected. You are taxing them. As I said, tax the businesses with huge profits, to support entrepreneurs in case their business fail, in order to have more entrepreneurs that can actually compete with the multimillion companies that do nothing but enshittify their products and underpay their workers.