Chances are, if somebody is making over 200k, they are exploiting either workers or buyers.
200k in today's money is about the most any one person's own labor can actually be worth.
Someone making 200k can live a comfortable and luxurious lifestyle with all their needs met and then some.
200k Maximum Wage will have the effect of reducing rent, reducing inflation, reducing medical bills etc.
eliminating the possibility of an upper upper upper wealthy class(and beyond) while make everyone else's earnings and assets worth significantly more.
People tempted by our current unlimited maximum wage can justify committing atrocities for obscene and extreme personal prosperity.
Having a capped maximum wage will put a limit on the practical license somebody can justify for inflicting suffering.
Real estate is only valuable because it is investment fodder pillaged from basic human needs.
A 200k maximum wage would make it no longer reasonable to gobble up infinite real estate.
Selling even a $2 million home would take a decade to payout the full benefits.
“but the rich people will just leave”
Good. losing their hyper conspicuous consumption will make everyone else's earnings and assets have significantly more buying power.