Another Liberal Myth Exploded

[Brain357]

So if you add all 497 together do they make as much as this guy?

GoPro s CEO is now the highest paid U.S. executive - Apr. 17 2015

Pretty sure the answer is no.

Hi compensation is between him, the board, and stock holders its none of your business so shut it.

Ah so all 497 highly paid Union people don't even make as much as one ceo. Go figure.

ALL HIGHLY Paid Union paid SALARY!!!!
CEO salary... less then the couple of million.

Look at total compensation. The union people aren't getting stocks. Stop being so childish.

But the issue is comparing compensation which the GoPro WoN"T GET unless HE performs! Do you understand?
RSUs are not taxed as salaries because they haven't been received! Do you understand?
Let the union guys incorporate! great! Sell stock in the union! GREAT! Get shares in the companies they sign contracts with Great! That's when everyone wins!

Yes the ceo gets gross amount of money and cheats the tax man.

 

[PoliticalChic]

So it's considered a myth among the Conservatives that there is such a thing as income disparity? It is considered a myth that the poor are getting poorer while the wealthy are getting wealthier? It's a myth that a struggling middle class does not constitute a drag on the economy?

If the Conservatives keep declaring reality as myth, what's next?

Perhaps they should replace the elephant with the unicorn as the symbol of their party.

Meh it sucks to be poor maybe they should get off their fat asses and do something about it vs waiting around for the lying liberals to re-distribute some wealth crumbs to them.

So the respo9nse is fuck the poor. Fuck the economy. CEOs should pillage as much from the company while subjugating the poor and there won't ever be any consequence.

What a fine policy you promote there!

In a constellation of abject and abysmal stupidity from Liberals.....this post must be the front runner.

 

[healthmyths]

Hi compensation is between him, the board, and stock holders its none of your business so shut it.

Ah so all 497 highly paid Union people don't even make as much as one ceo. Go figure.

ALL HIGHLY Paid Union paid SALARY!!!!
CEO salary... less then the couple of million.

Look at total compensation. The union people aren't getting stocks. Stop being so childish.

But the issue is comparing compensation which the GoPro WoN"T GET unless HE performs! Do you understand?
RSUs are not taxed as salaries because they haven't been received! Do you understand?
Let the union guys incorporate! great! Sell stock in the union! GREAT! Get shares in the companies they sign contracts with Great! That's when everyone wins!

Yes the ceo gets gross amount of money and cheats the tax man.

IDIOT!!! How is he "cheating" IRS if he doesn't get $248 million in his hand? You still don't understand! He didn't get $248 million in cash...you dummy!
He received RSUs... meaning he can't sell until certain things happen and when he does it will be at market value which could be ZERO!

 

[BluesLegend]

Boo hoo the average worker isn't getting paid the same as the CEO who founded the company and grew it to a valuation of $6 billion dollars. I'm sure the public employee pension plans who bought the stock are just fine with the workers getting paid what they are getting paid vs giving up their profits. OH SNAP!

 

[hazlnut]

1. Liberal elites and their hand-wringing simpleton paracletes have been moaning about 'income inequality' in an attempt to convince those who function via envy and jealousy that they are VICTIMS!

The playbook never changes.

2. And as proof, they point to CEO salaries...and whine about how unfair the disparity is when compared to the 'average worker.'

"Report: CEOs Earn 331 Times As Much As Average Workers, 774 Times As Much As Minimum Wage Earners. With CEO compensation analysis season in full swing, the AFL-CIO released data this morning stating that American CEOs in 2013 earned an average of $11.7 million–an eye-popping 331 times the average worker's$35,293.Apr 15, 2014"
Report: CEOs Earn 331 Times As Much As Average ...
www.forbes.com/.../report-ceos-earn-331-times-as-much-as-average-...

a. Reading further, the report should give one pause:
"...the AFL-CIO released data this morning stating blah blah blah....."





3. "....this frequently cited AFL-CIO analysis of CEO pay is an example of “statistical bait-and-switch.” Or call it a “statistical canard” or a “statistical fallacy.” Here’s why:

The AFL-CIO is comparing: a) the average salary of a small sample (350) of the highest paid US CEOs, out of a total CEO population in 2013 of 248,760 CEOs, according to BLS data here, and b) the average worker pay for production and nonsupervisory workers, which represents only 8.5 million factory workers out of a total of 136.3 million payroll employees nationwide.

a. "...the AFL-CIO’s reported “CEO-to-worker pay ratio” of 331:1 is calculated by ignoring 99.9% of all US CEOs and 93.8% of all US workers.

b....more accurate description would be to call it a ratio of the pay for 350 of the highest-paid US CEOs to the pay of only 6.2% of the American labor force, or a ratio of an unrepresentative, infinitesimally small, and statistically insignificant group of CEOs to a small minority and unrepresentative group of US factory workers. It’s a completely bogus and meaningless comparison.



4. ....a more statistically valid comparison of CEO pay to average worker in the US pay by considering: a) theaverage annual pay of all US CEOs in every year from 2002 to 2013 (data here) and b) theaverage annual pay of all US workers in a comprehensive, national BLS dataset that includes workers in 22 major occupational groups, 94 minor occupational groups, 458 broad occupations, and 821 detailed occupations (132.6 million workers for 2013). Based on those data, the average CEO earned $178,400 last year, the average worker earned $46,440, and the “CEO-to-worker pay ratio” was 3.84:1,


5. ...the real CEO-to-worker pay ratio has not been increasing as is frequently reported, but instead has been remarkably constant over the last 12 years, averaging 3.8:1 in a tight range between a maximum of 3.89:1 in 2004 and a minimum of 3.69:1 in both 2005 and 2006.


6. In 2013, a full-time minimum wage worker earned $14,500, and therefore the CEO-to-minimum-wage-worker pay ratio was only 12.3:1 compared to the grossly inflated 774:1 ratio reported by the AFL-CIO."
When we consider all US CEOs and all US workers the CEO-to-worker pay ratio falls from 331 1 to below 4 1



Liberal and 'Liar" both begin with "L."
Coincidence?
Hardly.




So sorry that the above post involved numbers, facts, and logic.....

....which, of course, removes said content from the interests of Liberals, Progressives, and Democrats.

Your links don't go to the data you claim.

So, who is the liar now?

Nice trie superchick.

 

[BluesLegend]

Ah so all 497 highly paid Union people don't even make as much as one ceo. Go figure.

ALL HIGHLY Paid Union paid SALARY!!!!
CEO salary... less then the couple of million.

Look at total compensation. The union people aren't getting stocks. Stop being so childish.

But the issue is comparing compensation which the GoPro WoN"T GET unless HE performs! Do you understand?
RSUs are not taxed as salaries because they haven't been received! Do you understand?
Let the union guys incorporate! great! Sell stock in the union! GREAT! Get shares in the companies they sign contracts with Great! That's when everyone wins!

Yes the ceo gets gross amount of money and cheats the tax man.

IDIOT!!! How is he "cheating" IRS if he doesn't get $248 million in his hand? You still don't understand! He didn't get $248 million in cash...you dummy!
He received RSUs... meaning he can't sell until certain things happen and when he does it will be at market value which could be ZERO!

He's a troll, facts and common sense won't penetrate the 5 inches of his Neanderthal skull.

 

[Brain357]

Ah so all 497 highly paid Union people don't even make as much as one ceo. Go figure.

ALL HIGHLY Paid Union paid SALARY!!!!
CEO salary... less then the couple of million.

Look at total compensation. The union people aren't getting stocks. Stop being so childish.

But the issue is comparing compensation which the GoPro WoN"T GET unless HE performs! Do you understand?
RSUs are not taxed as salaries because they haven't been received! Do you understand?
Let the union guys incorporate! great! Sell stock in the union! GREAT! Get shares in the companies they sign contracts with Great! That's when everyone wins!

Yes the ceo gets gross amount of money and cheats the tax man.

IDIOT!!! How is he "cheating" IRS if he doesn't get $248 million in his hand? You still don't understand! He didn't get $248 million in cash...you dummy!
He received RSUs... meaning he can't sell until certain things happen and when he does it will be at market value which could be ZERO!

I'm fully aware he is getting gross amounts of money and paying less in taxes than if it was salary.

 

[PoliticalChic]

1. Liberal elites and their hand-wringing simpleton paracletes have been moaning about 'income inequality' in an attempt to convince those who function via envy and jealousy that they are VICTIMS!

The playbook never changes.

2. And as proof, they point to CEO salaries...and whine about how unfair the disparity is when compared to the 'average worker.'

"Report: CEOs Earn 331 Times As Much As Average Workers, 774 Times As Much As Minimum Wage Earners. With CEO compensation analysis season in full swing, the AFL-CIO released data this morning stating that American CEOs in 2013 earned an average of $11.7 million–an eye-popping 331 times the average worker's$35,293.Apr 15, 2014"
Report: CEOs Earn 331 Times As Much As Average ...
www.forbes.com/.../report-ceos-earn-331-times-as-much-as-average-...

a. Reading further, the report should give one pause:
"...the AFL-CIO released data this morning stating blah blah blah....."





3. "....this frequently cited AFL-CIO analysis of CEO pay is an example of “statistical bait-and-switch.” Or call it a “statistical canard” or a “statistical fallacy.” Here’s why:

The AFL-CIO is comparing: a) the average salary of a small sample (350) of the highest paid US CEOs, out of a total CEO population in 2013 of 248,760 CEOs, according to BLS data here, and b) the average worker pay for production and nonsupervisory workers, which represents only 8.5 million factory workers out of a total of 136.3 million payroll employees nationwide.

a. "...the AFL-CIO’s reported “CEO-to-worker pay ratio” of 331:1 is calculated by ignoring 99.9% of all US CEOs and 93.8% of all US workers.

b....more accurate description would be to call it a ratio of the pay for 350 of the highest-paid US CEOs to the pay of only 6.2% of the American labor force, or a ratio of an unrepresentative, infinitesimally small, and statistically insignificant group of CEOs to a small minority and unrepresentative group of US factory workers. It’s a completely bogus and meaningless comparison.



4. ....a more statistically valid comparison of CEO pay to average worker in the US pay by considering: a) theaverage annual pay of all US CEOs in every year from 2002 to 2013 (data here) and b) theaverage annual pay of all US workers in a comprehensive, national BLS dataset that includes workers in 22 major occupational groups, 94 minor occupational groups, 458 broad occupations, and 821 detailed occupations (132.6 million workers for 2013). Based on those data, the average CEO earned $178,400 last year, the average worker earned $46,440, and the “CEO-to-worker pay ratio” was 3.84:1,


5. ...the real CEO-to-worker pay ratio has not been increasing as is frequently reported, but instead has been remarkably constant over the last 12 years, averaging 3.8:1 in a tight range between a maximum of 3.89:1 in 2004 and a minimum of 3.69:1 in both 2005 and 2006.


6. In 2013, a full-time minimum wage worker earned $14,500, and therefore the CEO-to-minimum-wage-worker pay ratio was only 12.3:1 compared to the grossly inflated 774:1 ratio reported by the AFL-CIO."
When we consider all US CEOs and all US workers the CEO-to-worker pay ratio falls from 331 1 to below 4 1



Liberal and 'Liar" both begin with "L."
Coincidence?
Hardly.




So sorry that the above post involved numbers, facts, and logic.....

....which, of course, removes said content from the interests of Liberals, Progressives, and Democrats.

Your links don't go to the data you claim.

So, who is the liar now?

Nice trie superchick.

There are two links.

Both work exactly as I posted.

"So, who is the liar now?"

 

[Brain357]

ALL HIGHLY Paid Union paid SALARY!!!!
CEO salary... less then the couple of million.

Look at total compensation. The union people aren't getting stocks. Stop being so childish.

But the issue is comparing compensation which the GoPro WoN"T GET unless HE performs! Do you understand?
RSUs are not taxed as salaries because they haven't been received! Do you understand?
Let the union guys incorporate! great! Sell stock in the union! GREAT! Get shares in the companies they sign contracts with Great! That's when everyone wins!

Yes the ceo gets gross amount of money and cheats the tax man.

IDIOT!!! How is he "cheating" IRS if he doesn't get $248 million in his hand? You still don't understand! He didn't get $248 million in cash...you dummy!
He received RSUs... meaning he can't sell until certain things happen and when he does it will be at market value which could be ZERO!

He's a troll, facts and common sense won't penetrate the 5 inches of his Neanderthal skull.

Waiting for you to answer my question still. Don't want to be owned again?

 

[healthmyths]

Easy for you to make accusations... so what "exploitation" and "corruption" are you describing? Have any facts that support that ALL CEOs are exploiting and ALL CEOs are corrupt? Where are your facts OR as LIPs like you are wont to do... YOU take EXCEPTIONS... one offs,, anecdotal stories and make it sound like
ALL CEOs are exploitive and corrupt ALL the time!
Which is the pattern of LIPs. ALL LIPs exaggerate and blow so out of proportion. Just Obama exaggerated 45 million uninsured... NEVER were!
When 10 million were not legal citizens...14 million were eligible for Medicaid but Obama's ineptness couldn't get them enrolled BEFORE ACA and finally the ignorance to count 18 million people that NEVER wanted or needed health insurance! Thus exaggerating and blowing out of proportion JUST to destroy 1,400 companies!
Never were 46 million uninsured but less then 4 million!

It's not hard to find ceos doing bad things.
Apple Friends Hammered for Employment Fraud - Breitbart

Then you should find ALL CEOs doing BAD THINGS ALL THE TIME RIGHT?
EVERY CEO in existence is the bad guy doing bad things ALL the time right???
Should be able to pick up CEOs all over the place! They should ALL be put in jail right???

Nope. Sure sounds like the 350 are getting paid grossly high salaries however. And as was going on with Jobs many are probably working to hold down employees wages illegally. Are you ok with what those tech companies were doing?

Meanwhile 497 labor union officers and employees were paid more than $250,000 last year, Laborers' International Union of North America president Terry O'Sullivan was paid $670,403 in 2014. Go drink your own Kool-aid.

Here is a question for you. What's better for the economy, 500 people making good money or one idiot making gross amounts of money?

So do you understand that this CEO is NOT GETTING $284 million in his hand today? He can't go out and spend it. He has to meet certain conditions.
Now even if he did get $284 million in a lump sum. What do you think he would do?
A) Spend it all right... ok good for the economy just the same as 500 people right?
B) He saves it! SO what? Do you really think he would put it in a mattress or bury in the backyard? ARE YOU that f...king dumb???

What is better for the economy is NOT this continued hatred and ignorance of how the economy works!
A perfect example is our idiot president who would prefer 1,400 companies go to out of business laying off 400,000 people and eliminating $100 billion in taxes a year!
This idiot like you have such little comprehension of how markets/economy/capitalism works it is to be pitied!

 

[Brain357]

1. Liberal elites and their hand-wringing simpleton paracletes have been moaning about 'income inequality' in an attempt to convince those who function via envy and jealousy that they are VICTIMS!

The playbook never changes.

2. And as proof, they point to CEO salaries...and whine about how unfair the disparity is when compared to the 'average worker.'

"Report: CEOs Earn 331 Times As Much As Average Workers, 774 Times As Much As Minimum Wage Earners. With CEO compensation analysis season in full swing, the AFL-CIO released data this morning stating that American CEOs in 2013 earned an average of $11.7 million–an eye-popping 331 times the average worker's$35,293.Apr 15, 2014"
Report: CEOs Earn 331 Times As Much As Average ...
www.forbes.com/.../report-ceos-earn-331-times-as-much-as-average-...

a. Reading further, the report should give one pause:
"...the AFL-CIO released data this morning stating blah blah blah....."





3. "....this frequently cited AFL-CIO analysis of CEO pay is an example of “statistical bait-and-switch.” Or call it a “statistical canard” or a “statistical fallacy.” Here’s why:

The AFL-CIO is comparing: a) the average salary of a small sample (350) of the highest paid US CEOs, out of a total CEO population in 2013 of 248,760 CEOs, according to BLS data here, and b) the average worker pay for production and nonsupervisory workers, which represents only 8.5 million factory workers out of a total of 136.3 million payroll employees nationwide.

a. "...the AFL-CIO’s reported “CEO-to-worker pay ratio” of 331:1 is calculated by ignoring 99.9% of all US CEOs and 93.8% of all US workers.

b....more accurate description would be to call it a ratio of the pay for 350 of the highest-paid US CEOs to the pay of only 6.2% of the American labor force, or a ratio of an unrepresentative, infinitesimally small, and statistically insignificant group of CEOs to a small minority and unrepresentative group of US factory workers. It’s a completely bogus and meaningless comparison.



4. ....a more statistically valid comparison of CEO pay to average worker in the US pay by considering: a) theaverage annual pay of all US CEOs in every year from 2002 to 2013 (data here) and b) theaverage annual pay of all US workers in a comprehensive, national BLS dataset that includes workers in 22 major occupational groups, 94 minor occupational groups, 458 broad occupations, and 821 detailed occupations (132.6 million workers for 2013). Based on those data, the average CEO earned $178,400 last year, the average worker earned $46,440, and the “CEO-to-worker pay ratio” was 3.84:1,


5. ...the real CEO-to-worker pay ratio has not been increasing as is frequently reported, but instead has been remarkably constant over the last 12 years, averaging 3.8:1 in a tight range between a maximum of 3.89:1 in 2004 and a minimum of 3.69:1 in both 2005 and 2006.


6. In 2013, a full-time minimum wage worker earned $14,500, and therefore the CEO-to-minimum-wage-worker pay ratio was only 12.3:1 compared to the grossly inflated 774:1 ratio reported by the AFL-CIO."
When we consider all US CEOs and all US workers the CEO-to-worker pay ratio falls from 331 1 to below 4 1



Liberal and 'Liar" both begin with "L."
Coincidence?
Hardly.




So sorry that the above post involved numbers, facts, and logic.....

....which, of course, removes said content from the interests of Liberals, Progressives, and Democrats.

Your links don't go to the data you claim.

So, who is the liar now?

Nice trie superchick.

There are two links.

Both work exactly as I posted.

"So, who is the liar now?"

Still waiting to hear how many people are employed by the 350. You claim its a small sample so you must know.

 

[Brain357]

It's not hard to find ceos doing bad things.
Apple Friends Hammered for Employment Fraud - Breitbart

Then you should find ALL CEOs doing BAD THINGS ALL THE TIME RIGHT?
EVERY CEO in existence is the bad guy doing bad things ALL the time right???
Should be able to pick up CEOs all over the place! They should ALL be put in jail right???

Nope. Sure sounds like the 350 are getting paid grossly high salaries however. And as was going on with Jobs many are probably working to hold down employees wages illegally. Are you ok with what those tech companies were doing?

Meanwhile 497 labor union officers and employees were paid more than $250,000 last year, Laborers' International Union of North America president Terry O'Sullivan was paid $670,403 in 2014. Go drink your own Kool-aid.

Here is a question for you. What's better for the economy, 500 people making good money or one idiot making gross amounts of money?

So do you understand that this CEO is NOT GETTING $284 million in his hand today? He can't go out and spend it. He has to meet certain conditions.
Now even if he did get $284 million in a lump sum. What do you think he would do?
A) Spend it all right... ok good for the economy just the same as 500 people right?
B) He saves it! SO what? Do you really think he would put it in a mattress or bury in the backyard? ARE YOU that f...king dumb???

What is better for the economy is NOT this continued hatred and ignorance of how the economy works!
A perfect example is our idiot president who would prefer 1,400 companies go to out of business laying off 400,000 people and eliminating $100 billion in taxes a year!
This idiot like you have such little comprehension of how markets/economy/capitalism works it is to be pitied!

Yes he gets gross amounts of money and cheats the tax man. I understand that completely. If he got a lump some he'd have to pay a lot more in taxes. Wow he has a good deal.

 

[ClosedCaption]

damn, the op couldve just been summed up like this:

Polls dont poll everybody so all polls are fake

Easy and simple like an easy simpleton

 

[healthmyths]

ALL HIGHLY Paid Union paid SALARY!!!!
CEO salary... less then the couple of million.

Look at total compensation. The union people aren't getting stocks. Stop being so childish.

But the issue is comparing compensation which the GoPro WoN"T GET unless HE performs! Do you understand?
RSUs are not taxed as salaries because they haven't been received! Do you understand?
Let the union guys incorporate! great! Sell stock in the union! GREAT! Get shares in the companies they sign contracts with Great! That's when everyone wins!

Yes the ceo gets gross amount of money and cheats the tax man.

IDIOT!!! How is he "cheating" IRS if he doesn't get $248 million in his hand? You still don't understand! He didn't get $248 million in cash...you dummy!
He received RSUs... meaning he can't sell until certain things happen and when he does it will be at market value which could be ZERO!

I'm fully aware he is getting gross amounts of money and paying less in taxes than if it was salary.

HE IS NOT getting gross amounts of money!
He is getting RSUs... that he can't sell until things happen... so where is the "gross amount of money"???

 

[healthmyths]

Then you should find ALL CEOs doing BAD THINGS ALL THE TIME RIGHT?
EVERY CEO in existence is the bad guy doing bad things ALL the time right???
Should be able to pick up CEOs all over the place! They should ALL be put in jail right???

Nope. Sure sounds like the 350 are getting paid grossly high salaries however. And as was going on with Jobs many are probably working to hold down employees wages illegally. Are you ok with what those tech companies were doing?

Meanwhile 497 labor union officers and employees were paid more than $250,000 last year, Laborers' International Union of North America president Terry O'Sullivan was paid $670,403 in 2014. Go drink your own Kool-aid.

Here is a question for you. What's better for the economy, 500 people making good money or one idiot making gross amounts of money?

So do you understand that this CEO is NOT GETTING $284 million in his hand today? He can't go out and spend it. He has to meet certain conditions.
Now even if he did get $284 million in a lump sum. What do you think he would do?
A) Spend it all right... ok good for the economy just the same as 500 people right?
B) He saves it! SO what? Do you really think he would put it in a mattress or bury in the backyard? ARE YOU that f...king dumb???

What is better for the economy is NOT this continued hatred and ignorance of how the economy works!
A perfect example is our idiot president who would prefer 1,400 companies go to out of business laying off 400,000 people and eliminating $100 billion in taxes a year!
This idiot like you have such little comprehension of how markets/economy/capitalism works it is to be pitied!

Yes he gets gross amounts of money and cheats the tax man. I understand that completely. If he got a lump some he'd have to pay a lot more in taxes. Wow he has a good deal.

He is NOT Getting a lump sum of cash! Certain things have to occur and then he can but until they do he only has RSUs! NOT a lump sum of cash!

 

[Brain357]

Look at total compensation. The union people aren't getting stocks. Stop being so childish.

But the issue is comparing compensation which the GoPro WoN"T GET unless HE performs! Do you understand?
RSUs are not taxed as salaries because they haven't been received! Do you understand?
Let the union guys incorporate! great! Sell stock in the union! GREAT! Get shares in the companies they sign contracts with Great! That's when everyone wins!

Yes the ceo gets gross amount of money and cheats the tax man.

IDIOT!!! How is he "cheating" IRS if he doesn't get $248 million in his hand? You still don't understand! He didn't get $248 million in cash...you dummy!
He received RSUs... meaning he can't sell until certain things happen and when he does it will be at market value which could be ZERO!

I'm fully aware he is getting gross amounts of money and paying less in taxes than if it was salary.

HE IS NOT getting gross amounts of money!
He is getting RSUs... that he can't sell until things happen... so where is the "gross amount of money"???

284 million is a pretty gross amount in my book.

 

[Brain357]

Nope. Sure sounds like the 350 are getting paid grossly high salaries however. And as was going on with Jobs many are probably working to hold down employees wages illegally. Are you ok with what those tech companies were doing?

Meanwhile 497 labor union officers and employees were paid more than $250,000 last year, Laborers' International Union of North America president Terry O'Sullivan was paid $670,403 in 2014. Go drink your own Kool-aid.

Here is a question for you. What's better for the economy, 500 people making good money or one idiot making gross amounts of money?

So do you understand that this CEO is NOT GETTING $284 million in his hand today? He can't go out and spend it. He has to meet certain conditions.
Now even if he did get $284 million in a lump sum. What do you think he would do?
A) Spend it all right... ok good for the economy just the same as 500 people right?
B) He saves it! SO what? Do you really think he would put it in a mattress or bury in the backyard? ARE YOU that f...king dumb???

What is better for the economy is NOT this continued hatred and ignorance of how the economy works!
A perfect example is our idiot president who would prefer 1,400 companies go to out of business laying off 400,000 people and eliminating $100 billion in taxes a year!
This idiot like you have such little comprehension of how markets/economy/capitalism works it is to be pitied!

Yes he gets gross amounts of money and cheats the tax man. I understand that completely. If he got a lump some he'd have to pay a lot more in taxes. Wow he has a good deal.

He is NOT Getting a lump sum of cash! Certain things have to occur and then he can but until they do he only has RSUs! NOT a lump sum of cash!

If he got a lump sum he'd pay more in taxes. Why would he want that? The rich love cheating taxes.

 

[hazlnut]

Boo hoo the average worker isn't getting paid the same as the CEO who founded the company and grew it to a valuation of $6 billion dollars. I'm sure the public employee pension plans who bought the stock are just fine with the workers getting paid what they are getting paid vs giving up their profits. OH SNAP!

You're making two points one is valid, one is not.

1) The CEO or founder is solely responsible for the success of the company that his annual pay and bonus plan are justified. Many CEO/Founders are paid to get out of the way and let real businessmen run their successful company.

Also, numerous studies have proven that over three decades a culture of overpaying and overcompensating CEO's (the reasons are complicated but a big part of this culture is due to Boards of Directors being stacked with current and former CEO's) has grown in incomprehensible and illogical ways - CEO's failing miserably and still receiving massive compensation. CEO's doing very little for a very short time and getting bonuses based on short term gains that end up tanking a year after they leave.

This culture is similar to that of professional athletes. A quarterback without an outstanding O-line is going to get sacked and never being able to throw long passes. Yet the QB is the star, the draw, the reason people buy tickets - same with pitchers.


2) Public employee pension plans or any fund like that workers get paid less so that dividends go up. You made one valid point.

 

[BluesLegend]

But the issue is comparing compensation which the GoPro WoN"T GET unless HE performs! Do you understand?
RSUs are not taxed as salaries because they haven't been received! Do you understand?
Let the union guys incorporate! great! Sell stock in the union! GREAT! Get shares in the companies they sign contracts with Great! That's when everyone wins!

Yes the ceo gets gross amount of money and cheats the tax man.

IDIOT!!! How is he "cheating" IRS if he doesn't get $248 million in his hand? You still don't understand! He didn't get $248 million in cash...you dummy!
He received RSUs... meaning he can't sell until certain things happen and when he does it will be at market value which could be ZERO!

I'm fully aware he is getting gross amounts of money and paying less in taxes than if it was salary.

HE IS NOT getting gross amounts of money!
He is getting RSUs... that he can't sell until things happen... so where is the "gross amount of money"???

284 million is a pretty gross amount in my book.

If you are not a stock holder its none of your business, sorry to burst your bubble.

 

[Brain357]

Yes the ceo gets gross amount of money and cheats the tax man.

IDIOT!!! How is he "cheating" IRS if he doesn't get $248 million in his hand? You still don't understand! He didn't get $248 million in cash...you dummy!
He received RSUs... meaning he can't sell until certain things happen and when he does it will be at market value which could be ZERO!

I'm fully aware he is getting gross amounts of money and paying less in taxes than if it was salary.

HE IS NOT getting gross amounts of money!
He is getting RSUs... that he can't sell until things happen... so where is the "gross amount of money"???

284 million is a pretty gross amount in my book.

If you are not a stock holder its none of your business, sorry to burst your bubble.

So again what is better for the economy. 500 people making good money or one person making gross amounts of money?