Hacker News new | ask | show | jobs
by badpun 914 days ago
The ceiling is there because without it, a minority of people eventually acquire enough wealth and political power than comes from it, that it dominates entire society, to its detriment. Just look at Mexico or Ukraine as examples of what happens when there's no reasonable ceiling.
1 comments

What ceiling are you talking about? AFAICT there is no earnings or wealth ceiling in the Western world, and there certainly isn't one in the United States.