Cut taxes for these people

Discussion in 'Politics' started by mnbasketball, Mar 5, 2011.

  1. mnbasketball
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    mnbasketball Member

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    Income Ratios and Power: Executives vs. Laborers
    Another way that income can be used as a power indicator is by comparing average CEO annual pay to average factory worker pay, something that has been done for many years by Business Week and, later, the Associated Press. The ratio of CEO pay to factory worker pay rose from 42:1 in 1960 to as high as 531:1 in 2000, at the height of the stock market bubble, when CEOs were cashing in big stock options. It was at 411:1 in 2005 and 344:1 in 2007, according to research by United for a Fair Economy. By way of comparison, the same ratio is about 25:1 in Europe. The changes in the American ratio from 1960 to 2007 are displayed in Figure 8, which is based on data from several hundred of the largest corporations.

    Why not, they deserve it don't they?
     
  2. kyzr
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    kyzr Gold Member

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    No they don't deserve it. Congress should limit Corporate execs' pay to not more than 2x their salary. These creeps can scam the stockholders and the employees. Bonuses need to be limited, unless its a stockholder bonus.
     

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