Forget min wage! Should there be a max wage?

BeeDI

Min wage is kicked around from post to pillar, but what aout max wage?

Shouldn't there be a cap! Say €100k PA.
Start the ball rolling by Taoiseach going to €100k. Ministers €75k.
Top salaries in private sector €100k cap:pac:
Make this place competitive again.

Anybody who cannot pay morgtage on residence as a result, get state help.
If it's a second property ........ throw it into NAMA.

Cut state charges for everything across the board.

whelan1

cant see it happening tbh

reilig

BeeDI wrote: »

Min wage is kicked around from post to pillar, but what aout max wage?

Shouldn't there be a cap! Say €100k PA.
Start the ball rolling by Taoiseach going to €100k. Ministers €75k.
Top salaries in private sector €100k cap:pac:
Make this place competitive again.



Cut state charges for everything across the board.

I don't agree. But there are several points that it could be argued on. The most important point that can be made on capping wages is how similar it would be to communism. Now communism wasn't altogether a bad thing, but if did have some bad points. Those were that no matter how much work you did, you received the same amount of pay. If you were a potato picker or a doctor, the pay was the same. There was no incentive to become a doctor then because you could never have any more than a potato picker. Modern day entrepreneurs set up businesses and take risks so that they can make their first million. How many of them would set up a business if they thought that the max they could evern earn would be 100k. The ability to make lots of money is an incentive to get up off your ass and work for something. If its capped, then you are capping people's ability to work and ulitmately your country's development. In simple terms, if the reward is not good enough, then people will not take the risk in setting up a new business.

I'm all in favour of capping Govt. ministers salaries. €50k should be enough for any of them IMO.

Anybody who cannot pay morgtage on residence as a result, get state help.
If it's a second property ........ throw it into NAMA

Get out of it. Do you even know what Nama is???? We, the tax payers are Nama. We are going to have to pay for Nama out of our taxes for the next 30 years. People spent beyond their means, took out mortgages that were 10 times their annual salaries, took out mortgages for second homes and never thought for one minute that the construction sector would slow down. Should the tax payer really have to pay for these people's foolishness?????? I for one think its wrong that i should have to pay for Nama. I am not in favour of my taxes paying for people who cannot afford to pay the mortgage that they took out on their 500k mansion because this will mean an increase in my taxes. Taxes collected should be spent on education of our children, national infrastructure, health service and assisting people with disabilities. Instead, our wonderful government are diverting money away from these and using it to bail out banks that wrecklessy lent money, builders who wrecklessly borrowed money and now we're starting to hear rumbles of how they want to divert more money towards people who can't afford to pay their mortgage. Its pathetic and could only happen in this country. The more taxes that the government introduce to collect money to fund these, the more unemployment will spiral as many people will be better off on that dole and state benefits than working.

Tora Bora

Cap private sector salaries at €100k........... are you mad?
How on earth would us farmers survive on such a pittance:cool:

Fighting Irish

BeeDI wrote: »

Min wage is kicked around from post to pillar, but what aout max wage?

Shouldn't there be a cap! Say €100k PA.
Start the ball rolling by Taoiseach going to €100k. Ministers €75k.
Top salaries in private sector €100k cap:pac:
Make this place competitive again.

Anybody who cannot pay morgtage on residence as a result, get state help.
If it's a second property ........ throw it into NAMA.

Cut state charges for everything across the board.

lol, fook no

JohnBoy

eh no.

wobbles-grogan

Capping the private sector is crazy. its people's private money, allow them to do as they wish.

Capping the public sector is perfectly sane. Its public money, everyone's money (except the spongers on the dole when they dont need to be, but that's another argument), and we, the people, should stand up for our money more than we did. The amount politician's are paid is ridiculous. 50-60k is ample.

Whether people like it or not, we, the people, are ultimately responsible. We're the ones who voted, we're the ones who elected the people to lead us. I'm not saying that those who got into power did the right or wrong thing. I'm just saying we put them there.

Sorry, rant over...

Edit: Why is this in the farming & forestry forum?

Tora Bora

wobbles-grogan wrote: »

Capping the private sector is crazy. its people's private money, allow them to do as they wish.

Capping the public sector is perfectly sane. Its public money, everyone's money (except the spongers on the dole when they dont need to be, but that's another argument), and we, the people, should stand up for our money more than we did. The amount politician's are paid is ridiculous. 50-60k is ample.

Whether people like it or not, we, the people, are ultimately responsible. We're the ones who voted, we're the ones who elected the people to lead us. I'm not saying that those who got into power did the right or wrong thing. I'm just saying we put them there.

Sorry, rant over...

Tora Bora

wobbles-grogan wrote: »

Capping the private sector is crazy. its people's private money, allow them to do as they wish.

Capping the public sector is perfectly sane. Its public money, everyone's money (except the spongers on the dole when they dont need to be, but that's another argument), and we, the people, should stand up for our money more than we did. The amount politician's are paid is ridiculous. 50-60k is ample.

Whether people like it or not, we, the people, are ultimately responsible. We're the ones who voted, we're the ones who elected the people to lead us. I'm not saying that those who got into power did the right or wrong thing. I'm just saying we put them there.

Sorry, rant over...

Edit: Why is this in the farming & forestry forum?

I guess because nowhere is min wage more applicable than in farming, if the farmer was to bother his or her donkey to add up the hours

jimmycrackcorm

BeeDI wrote: »

Top salaries in private sector €100k cap:pac:
Make this place competitive again.

So how would we get competitive when Intel, Google and and all the multi-nationals pull out because their execs say they would prefer to work in a country where they can earn more money?

John_F

very good point there :rolleyes:

public sector is gone out of control at the top

BeeDI

jimmycrackcorm wrote: »

So how would we get competitive when Intel, Google and and all the multi-nationals pull out because their execs say they would prefer to work in a country where they can earn more money?

Do you suggest that top management people are irreplacable
The graveyards of Ireland are full up of indespensible people:P

If the executives leave ........... they will be replaced ....... no problem. In fact it would be a good thing. It would create a conveyor of new talent getting a chance they wouldn't otherwise have got.

reilig

If stupidity was taxed, the State would be self-financing - just to rob a quote from the Humour Forum.

I think Jimmy Crack Corn is saying that companies like Intel Google and other Milti-nationals would pull out if our country turned into a communist state. Many of our top educated people would also pull out of the country and go to another country where thay could earn without limit and get fair pay. This would bring us back to the "brain drain" of the 1980's. The country would just be digging a bigger hole for itself.

wobbles-grogan

BeeDI wrote: »

Do you suggest that top management people are irreplacable
The graveyards of Ireland are full up of indespensible people:P

If the executives leave ........... they will be replaced ....... no problem. In fact it would be a good thing. It would create a conveyor of new talent getting a chance they wouldn't otherwise have got.

Thats ridiculous, the conveyer of new talent would move swiftly on if their pay was capped.

Ill say it again, ITS THE PRIVATE SECTOR. Private money, let them pay as much as they like...