This would likely mean that salaries would largely go away. The lowest salary would be set by the highest salary. Only those making $250k + would be salaried. This lets the guy at the the top make 12.5M if X=5 is established by company. Rather than limiting wealth, why not scrutinize the governments effectiveness with the money it already gets? With the exception of those below the poverty line or those needing assistance, why isn't there less variance in the effective tax rate paid by all incomes? One could also make the argument that simply the consumption should be taxed to help balance things.
Whoops, let's move the decimal place one to the left on that math.
An Ada exception is when a routine gets in trouble and says 'Beam me up, Scotty'.