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How about regulating profits and earnings of the wealthiest by requiring them to be a certain proportion of workers' wages? According to Google, top CEOs make 271 times what the typical worker makes. Some make more and some make less. Making a law that says top executives can only be paid 200 times more than their average worker would help without getting rid of the incentive to become a CEO and it would help workers feel more ownership in their jobs.
You don't even have to raise taxes. Although I'm not sure how stocks and investments would fit into it.
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