Woah woah woah. No-one suggested this at all. It is just that a very small minority of the people in this country pay for the vast majority of the budget. I am against increasing this interval as there has to be a limit. Every president says they are going to do this. If they keep doing this, eventually, the motivation to take a higher stress, higher hour job will lose its appeal as the salary is negligably better than middle management.
Or, what will happen is what has already happened; Inflated salaries to offset the steadily increasing taxes payed by this group of citizens.