Quote:
Originally Posted by fleury
What do you mean by the last part (not questioning you, I just don’t understand)? Personally I’d like to know if this was foreseeable at the time that it was negotiated. If it was how do the young guys not revolt? Hard to feel sad for millionaires but if I was in their shoes, I’d be wondering how this major detail got passed where the legitimate dollars are not being collected by the right people who earned the money. Seems such a crazy concept to me.
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Post 33 explains it pretty well. I believe during the return to work it was negotiated by all parties that the cap would remain artificially high and would have to be paid back eventually.
In other words, this was discussed and agreed after Covid hit and the massive loss in revenues was foreseeable.