Lester Golden
1 min readAug 7, 2020

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How to win the minimum wage fight

Here's an incentive-based way to raise all wages: index tax rates on the top 1-2% of earners to the Gini coefficient measure of inequality. Remove the incentive for wage suppression by raising tax rates on companies with a higher intra-company Gini and when the overall economy's Gini rises. Easier to implement than a wealth tax by embedding rate coefficients in tax-prep software. Here's how it would work: https://medium.com/@ljgolden55/how-to-stop-the-plutocracy-game-index-the-top-1-s-tax-rates-to-decreasing-inequality-a3a19f42cd97

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Lester Golden
Lester Golden

Written by Lester Golden

From Latvia & Porto I write to share learning from an academic&business life in 8 languages in 5 countries & seeing fascism die in Portugal&Spain in1974 & 1976.

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