YESTERDAY, LEADER OF the UK Labour Party Jeremy Corbyn expressed his enthusiasm for the introduction of a maximum wage cap in Britain.

Income disparity in Britain is amongst the worst in the western world, while Corbyn suggested the cap in a speech in light of the “simply ridiculous” salaries being earned by footballers and top CEOs in the UK.

Corbyn expanded upon the idea by suggesting that a maximum income ratio of 20:1 between executives and the lowest-paid employees in a company be instated.

Levels of wage inequality in Ireland are even more pronounced – in fact they’re the worst in the EU, with 35% of all money paid to the top 10% of earners, and the top 1% taking 10% of all income.

But would a maximum wage cap be the answer to the problem of income disparity here?

We’re asking: Should Ireland introduce some form of national maximum wage cap?

Poll Results:

Yes (4084)

No (4064)

No, it's a nice idea but it wouldn't work (3149)

I don't know (302)

Yes
No
No, it's a nice idea but it wouldn't work
I don't know

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Poll: Should Ireland introduce some form of national maximum wage cap?

Poll Results:

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.