Congress Should Cap Its Own Pay Before Trying to Limit Others’

Over at the New York Times, Robert H. Frank asks, “Should Congress Put a Cap on Executive Pay?” Of course, as a believer in free-markets and limited government intervention, I think the sheer notion of any such cap is incredibly ill-conceived and flat out frightening.

That said, in my eyes, Congress shouldn’t have the right to even discuss capping anyone’s income until they’ve capped their own pay. What could be more hypocritical than imposing a pay limit on others while refusing to do the same – especially when Congress’ pay comes involuntarily from the taxpayers’ pockets rather than from a company’s revenue?

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