Read this to begin the post:
A maximum wage? So what happens when your doctor, lawyer, or accountant hits that amount in September, and decides to take the rest of the year off? You will pass a law saying that they have to work all year? OK, so those high wage people, being smart, do some math and switch to a three day, 24 hour workweek. Good luck getting a doctor on Thursday. That means doctor appointments will be even more difficult to get.
The funniest part of all this, is that it won’t affect the truly wealthy. They don’t earn wages. They make their money from investments. Cap those, and people stop investing, which will grind the entire economy to a halt.
Democrats really are economically illiterate.
11 Comments
Brutus · August 1, 2025 at 11:46 pm
“So what happens when your doctor, lawyer, or accountant hits that amount in September, and decides to take the rest of the year off?”
That used to be common for high earners when there was a 90% tax bracket. IIRC, the character Nero Wolf did that in the novels.
Grumpy51 · August 2, 2025 at 10:16 am
Worked (in TX) with a Canadian doctor. He moved here specifically because he couldn’t really work past September or be taxed (fined?, same thing) for any extra income.
Divemedic · August 2, 2025 at 10:47 am
A fine is a type of tax that you pay for being bad.
A tax is a type of fine that you pay for doing well.
EN2 SS · August 2, 2025 at 6:37 am
“Democrats really are economically illiterate.”
No, demoncrats are evil, they know what they are doing.
Joe Blow · August 2, 2025 at 7:36 am
Commies gonna commie…
SiG · August 2, 2025 at 8:22 am
This “Patch Guy” is wrong about a maximum wage stopping inflation. Milton Friedman famously stated that “inflation is always and everywhere a monetary phenomenon,” pointing out that inflation occurs when the money supply increases faster than the economy’s output. Inflation is caused by the Federal Reserve dorking with the money supply.
Back in his first term, one of the things that struck me negatively about Trump was he either didn’t understand it or, more charitably, understood it but wanted to play by the same rules as his predecessors, pushing for lower prime rates by the Fed. Just like he’s doing now.
This is the same guy who talked about a return to the gold standard and issuing treasury securities backed by gold.
Divemedic · August 2, 2025 at 10:45 am
You will note that all talk about gold and auditing Fort Knox have disappeared. I suspect that we all know why.
Himself · August 2, 2025 at 9:22 am
I doctors that have done this for years, since Obamacare. They have office hours twice a week or so, do procedures the other two. Mostly specialists. Those guys now only do procedures for the most part and the PA does the office stuff.
My endocrinologist retired, so I was shifted to another doc in the practice. I’ve yet to see him. Even with the old guy, I’d see him every other year or so.
Honk Honk · August 2, 2025 at 9:41 am
To each according to his need, workers of the world unite.
(and other stale 19th century crap from a German bum)
Dirty Dingus McGee · August 2, 2025 at 4:05 pm
And they can’t figure out why there is an “underground” economy. I might have been a participant in this devious method of avoiding taxable income. When I retired, to keep from going stir crazy, I bought a used tractor and trailer to carry it. Tractor has a front loader, box blade and bush hog.For $75 per hour, from door to door, 4 hour minimum, I will come to your place and do what you need; move dirt, level out a yard, mow an overgrown area, what ever the tractor is capable of.However. If you are willing to pay in cash I will give you a discount rate of $60 per hour. Barter is also possible, if you have something I want or can easily sell (wives, children or anything that I have to feed not accepted in trade).
anonymous · August 6, 2025 at 1:27 pm
Sometimes it amazes me how cheap things actually are. Imagine how much effort it would take, and what the expense would be for you to make a Panera Turkey and Cheddar sandwich (let us ignore the fact that Cheddar is an inappropriate pairing with turkey).
Buy flour and bake the bread. Raise lettuce, tomatoes, onions, sprouts, and harvest them for your sandwich. Make mayo out of eggs, vinegar, and oil. Roast a turkey and slice it up. You will have a very tasty sandwich (in fact many, many of them). But it will cost you months of labor for the veggies, hours of labor for the bread and turkey, and tens of minutes for the condiments and prep.
Kinda seems to me that paying a bit over ten bucks for a one-off sandwich with no left-overs, spoilage, waste, or back-breaking labor is pretty cheap. Especially if I can get one all for myself after making a few more of them for an hour and a half.
At this point, a complete economic and civilizational collapse would go far to getting everyone’s head out of their asses and help to reset priorities.
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