This is a response to the bill submitted by Rep. Brian Bolduc, D-Auburn, that would limit hospital executive salaries to $70,000.
The idea of limiting salaries and overtaxing high income earners is very much socialism. When Congress legislates how much one person can earn, it will limit how much everyone earns by default.
The real “economic injustice” is how many state employees make more than $70,000 per year and will be paid pensions after they stop going to work. Tax money is literally confiscated from people who earn it, such as a hospital executive who makes $1 million and pays $360,000 in payroll taxes.
How much money does the average person pay in tax annually (state, federal, property, sales, fees, etc.)? Think of it in $100 bills that have to be handed over.
Democrats love legislative power and fuel hatred toward capitalism to increase that power. Conservatives believe in free markets and that the government should be minimal.
Some people will earn more money because some do more, such as run a hospital.
The message is clear that people in the private sector do not want government, by virtue of legislation or taxation, dictating what they can build and who they must hire and how much they make. Let the market decide. If they make the wrong decisions they disappear, unlike anything government.
Robert H. Boothby, Livermore