I have found that talking to those that defend the 1% are those foolish enough to think that they will or can become that 1%. These folks believe that by taking, always taking from them, and giving their money to someone else is the problem. It has always been, the blacks, women, immigrants, Okies, Democrats who are taking from them. It is never the billionaires who are hoarding the wealth via RepuDliKlans & their zero tax plans for the rich.

Because paying higher than the market price of labor will inflate prices of everything in the market,thus the domestic producers will not be able to compete with the foreign producers that have market economies .Thus leading to cutting down employees numbers and destroying the economy .Price =Marginal cost of labor. CEO’s income is not the marginal cost ,thus has no impact on the price of goods and services

Good question, many really, Really stupid replies below.

What an idiotic post. These entrepreneurs, don’t buy rockets and spacecraft for themselves they manufacture them for NASA ,Starlink etc for communication, satellites, etc. so you can text on your cell phone all day long

This actually sounds like a question from somebody in kindergarten ,very good

Employees earn huge amounts of money building Yachts, rockets, and spacecraft .

A stupid comparison

Rockets and spacecraft are businesses, that employ thousands of people not something a individual utilizes for their personal use or pleasure.