How about we just make minimum wage a percentage of the highest income in the country? Take whoever made the most money in a given year, divide that by 52 weeks, and then divide that by 40 hours. Then divide whatever the result of that is by 1000. This should be very reasonable basis. It still allows for a huge wealth gap, but asserts that nobody should make over 1000 times more than anyone else. You still get rich and poor people, so this is in no way a leftist policy. It's a very moderate middle of the road one.
Anyway, looking at 2023. Not even examining his true income and how much he blew doing who knows what, Elon Musk had $95.4 billion net gain in wealth that year. Divide that by 52 weeks, 40 hours, and 1000 - we should make minimum wage $45865.38 per hour. And if that's not reasonable or feasible, it just means he makes too much for the good of the economy.
Texan here. I've had some damn good hamburgers in my life, and I've been to numerous states. But the one of the best burgers I've ever had was in Luleå, Sweden at a place called Bastard Burgers. Specifically, you have to ask for them to add 3 pieces of Västerbottensoft crispy bites to the burger. It brought tears to my eyes just knowing I can't get anything like that in Texas.