Median CEO pay crosses $10 million

[Brain357]

CEO pay continues to increase while we have a stagnant economy and wages for the average worker.
Median CEO pay crosses $10 million in latest survey | Las Vegas Review-Journal

 

[bedowin62]

oh my GOD!!


where's my pitchfork and torch?

 

[Mac1958]

.

Just for the heck of it, I'm gonna try to push this thread into more of a solutions-based conversation than the standard hyperbole and partisan politics-filled insult-fest so common here.

For the sake of the conversation, let's just stipulate that we have a problem (I'd agree, by the way). So rather than the standard partisan back-and-forth, I wonder if anyone on the Left can toss out some specific ideas on how this might be addressed:

• Some kind of law that puts a maximum on salary based on percentages?
• Higher top-end marginal income tax rates?
• Ending stock options as compensation?
• Some combination therein?

Howzabout some civil, mature, thoughtful specifics this time?

Just taking a shot here, not holding my breath.

.

 

[Redfish]

.

Just for the heck of it, I'm gonna try to push this thread into more of a solutions-based conversation than the standard hyperbole and partisan politics-filled insult-fest so common here.

For the sake of the conversation, let's just stipulate that we have a problem (I'd agree, by the way). So rather than the standard partisan back-and-forth, I wonder if anyone on the Left can toss out some specific ideas on how this might be addressed:

• Some kind of law that puts a maximum on salary based on percentages?
• Higher top-end marginal income tax rates?
• Ending stock options as compensation?
• Some combination therein?

Howzabout some civil, mature, thoughtful specifics this time?

Just taking a shot here, not holding my breath.

.

nice try, but don't expect anything meaningful from our friends on the left--------------they want all CEOs jailed, their money confiscated, and their wealth "given" to the starving masses.

The left wing idiots do not realize that the system they beg for consists of a very small group who control all of the power and all of the money and everyone else is "equally" miserable. Travel to Russia if you want to see it for yourself.

 

[The Breeze]

How does CEO pay affect the downtrodden? Is it class envy? If the CEO's were paid less would the workers be paid more? If so by how much?

 

[Mac1958]

.

Just for the heck of it, I'm gonna try to push this thread into more of a solutions-based conversation than the standard hyperbole and partisan politics-filled insult-fest so common here.

For the sake of the conversation, let's just stipulate that we have a problem (I'd agree, by the way). So rather than the standard partisan back-and-forth, I wonder if anyone on the Left can toss out some specific ideas on how this might be addressed:

• Some kind of law that puts a maximum on salary based on percentages?
• Higher top-end marginal income tax rates?
• Ending stock options as compensation?
• Some combination therein?

Howzabout some civil, mature, thoughtful specifics this time?

Just taking a shot here, not holding my breath.

.

nice try, but don't expect anything meaningful from our friends on the left--------------they want all CEOs jailed, their money confiscated, and their wealth "given" to the starving masses.

The left wing idiots do not realize that the system they beg for consists of a very small group who control all of the power and all of the money and everyone else is "equally" miserable. Travel to Russia if you want to see it for yourself.

I guess what I'd like to see is a lefty who demonstrates that they have thought through the various implications of the options. There are a few things that can be done, of course, but each carries its own potential pitfalls.

Maybe there is a good combination of actions that can be taken. I'd just like to see that the downside has been examined, and I don't see that very often here.

.

 

[bedowin62]

The Left doesnt mind that bonuses went to people who faked appointments that led to the deaths of veterans; but wants to confiscate every penny from people who create jobs and pay taxes

 

[Redfish]

.

Just for the heck of it, I'm gonna try to push this thread into more of a solutions-based conversation than the standard hyperbole and partisan politics-filled insult-fest so common here.

For the sake of the conversation, let's just stipulate that we have a problem (I'd agree, by the way). So rather than the standard partisan back-and-forth, I wonder if anyone on the Left can toss out some specific ideas on how this might be addressed:

• Some kind of law that puts a maximum on salary based on percentages?
• Higher top-end marginal income tax rates?
• Ending stock options as compensation?
• Some combination therein?

Howzabout some civil, mature, thoughtful specifics this time?

Just taking a shot here, not holding my breath.

.

nice try, but don't expect anything meaningful from our friends on the left--------------they want all CEOs jailed, their money confiscated, and their wealth "given" to the starving masses.

The left wing idiots do not realize that the system they beg for consists of a very small group who control all of the power and all of the money and everyone else is "equally" miserable. Travel to Russia if you want to see it for yourself.

I guess what I'd like to see is a lefty who demonstrates that they have thought through the various implications of the options. There are a few things that can be done, of course, but each carries its own potential pitfalls.

Maybe there is a good combination of actions that can be taken. I'd just like to see that the downside has been examined, and I don't see that very often here.

.

I agree. Do you think the lefties would want those same limits placed on entertainers and athletes? Why do none of them complain about the amount of money that society is giving to Beyonce for example?

 

[Stephanie]

I guess people like the OP would like the elected "politicians" our MASTERS be the ones to decide how much money WE THE PEOPLE should be ALLOWED to make



then we can all heil their pictures on the side of the buildings they ALLOW to be built

 

[Mac1958]

I agree. Do you think the lefties would want those same limits placed on entertainers and athletes? Why do none of them complain about the amount of money that society is giving to Beyonce for example?

Well, you won't see that.

They don't appear to be concerned about our decaying culture.

So if they want to cherry-pick and only go after people in business, I'd like to see that they've thought it through.

.

 

[zeke]

.

Just for the heck of it, I'm gonna try to push this thread into more of a solutions-based conversation than the standard hyperbole and partisan politics-filled insult-fest so common here.

For the sake of the conversation, let's just stipulate that we have a problem (I'd agree, by the way). So rather than the standard partisan back-and-forth, I wonder if anyone on the Left can toss out some specific ideas on how this might be addressed:

• Some kind of law that puts a maximum on salary based on percentages?
• Higher top-end marginal income tax rates?
• Ending stock options as compensation?
• Some combination therein?

Howzabout some civil, mature, thoughtful specifics this time?

Just taking a shot here, not holding my breath.

.

First, why would the ultra rich (those making 10 million a year) support ANY plan to decrease their earnings? (and they would need to support the idea IF it is to be voluntary.
Which it wouldn't be. So to the second point.

Second, there is only ONE entity with the power to enforce the changes you all are talking about: the HATED FEDERAL GOVERNMENT.

Surely you staunch right wingers would not support intervention of the Feds into the earning ability of CEO's.

No way would that be possible. Yo all would give up your guns before that would happen.
Think how mad the real rich would be. Why they might take their money and their jobs and go somewhere else. LMAO. They might quit trickling on our heads and shit.

 

[NYcarbineer]

It's sad that conservatives believe that the guys who actually do the work at the corporations, the guys who build the cars, who dig the coal, who fly the planes, who serve you breakfast at MacDonalds, are overpaid,

and the guys who sit in the corner offices trying to figure out how many more of the real workers we can get rid of to squeeze another nickel of profit are the ones who are underpaid.

 

[Mac1958]

It's sad that conservatives believe that the guys who actually do the work at the corporations, the guys who build the cars, who dig the coal, who fly the planes, who serve you breakfast at MacDonalds, are overpaid,

and the guys who sit in the corner offices trying to figure out how many more of the real workers we can get rid of to squeeze another nickel of profit are the ones who are underpaid.

Yeah, yeah, yeah.

Okay.

So what is your plan?

Precisely?

.

 

[Stephanie]

We should go the way of France I guess
LINKS in this article at site

SNIP:
Bad news: France in $14b euro hole after overestimating the haul from that swell 75% millionaire tax


posted at 9:21 pm on May 28, 2014 by Mary Katharine Ham



Overly sunny tax revenue predictions are not a problem unique to socialists, but you can see how those who adhere to an ideology that refuses to admit to basic human nature and the economic downsides of ludicrous tax rates might fall more dramatically than most. Timber:

The French government faces a 14bn-euro black hole in its public finances after overestimating tax income for the last financial year.

French President Francois Hollande has raised income tax, VAT and corporation tax since he was elected two years ago.

The Court of Auditors said receipts from all three taxes amounted to an extra 16bn euros in 2013.

That was a little more than half the government’s forecast of 30bn euros of extra tax income.

The Court of Auditors, which oversees the government’s accounts, said the Elysee Palace’s forecasts of tax revenue in 2013 were so wildly inaccurate that they cast doubt on its forecasts for this year.

It added the forecasts were overly optimistic and based on inaccurate projections.

Hollande, who endures a public approval rating of 20 percent (!), had first levied the whopping 75 percent tax rate on individuals making over a million euros. This prompted notable protests from actors and soccer teams, as well as the populace at which his populism was aimed.

How’d that work out for the country?

ALL of it here
Bad news: France in $14b euro hole after overestimating the haul from that swell 75% millionaire tax « Hot Air

 

[Vermonter]

How about this?
Have a corporate policy where the CEO makes no more than 7 times the pay of the lowest paid worker.
It's been tried... and it failed.

Ben & Jerry's ice cream were just two hippies who took the ice cream course at Penn State. They went home to Vermont and converted a gas station into an ice cream shop.

The rest is history.

They got to a point where they were getting so big they had to hire people. But since money wasn't their original objective, they instituted a "Seven times rule". They would make no more than seven times the pay of the floor sweeper.

He still was paid just above minimum wage.

The money was put into the company and Ben & Jerry took home small salaries.

The company got too big for them, so they needed to hire a CEO.
At a salary that was seven times the minimum worker's?
They got no takers at all. So they had to abandon that policy.
They hired a CEO and had to pay him $1,000,000 a year. He lasted 12 months, and accepted an offer someplace else with a much higher salary.

Sigh...

So Ben & Jerry sold the company to Unilever for a pantload of money.

 

[Mac1958]

How about this?
Have a corporate policy where the CEO makes no more than 7 times the pay of the lowest paid worker.
It's been tried... and it failed.

Ben & Jerry's ice cream were just two hippies who took the ice cream course at Penn State. They went home to Vermont and converted a gas station into an ice cream shop.

The rest is history.

They got to a point where they were getting so big they had to hire people. But since money wasn't their original objective, they instituted a "Seven times rule". They would make no more than seven times the pay of the floor sweeper.

He still was paid just above minimum wage.

The money was put into the company and Ben & Jerry took home small salaries.

The company got too big for them, so they needed to hire a CEO.
At a salary that was seven times the minimum worker's?
They got no takers at all. So they had to abandon that policy.
They hired a CEO and had to pay him $1,000,000 a year. He lasted 12 months, and accepted an offer someplace else with a much higher salary.

Sigh...

So Ben & Jerry sold the company to Unilever for a pantload of money.

Can you see any downside risk to this strategy in a global economy?

.

 

[NYcarbineer]

It's sad that conservatives believe that the guys who actually do the work at the corporations, the guys who build the cars, who dig the coal, who fly the planes, who serve you breakfast at MacDonalds, are overpaid,

and the guys who sit in the corner offices trying to figure out how many more of the real workers we can get rid of to squeeze another nickel of profit are the ones who are underpaid.

Yeah, yeah, yeah.

Okay.

So what is your plan?

Precisely?

.

My plan is to never vote for anyone who is not the best electable choice for the working people.

 

[bedowin62]

It's sad that conservatives believe that the guys who actually do the work at the corporations, the guys who build the cars, who dig the coal, who fly the planes, who serve you breakfast at MacDonalds, are overpaid,

and the guys who sit in the corner offices trying to figure out how many more of the real workers we can get rid of to squeeze another nickel of profit are the ones who are underpaid.

Yeah, yeah, yeah.

Okay.

So what is your plan?

Precisely?

.

My plan is to never vote for anyone who is not the best electable choice for the working people.

the would leave out your boy obama leftard

the rich have gotten richer and the poor poorer on his watch


idiots and hypocrites

 

[sameech]

Here is how I see democrats on this issue:

--"Yea look at the Dow hitting a record high. Obama is such a great leader"

--"How unfair that these CEO's are making more money"

Most CEO pay is in stock. If the economy is improving, their fortunes should be rising

 

[Brain357]

How about this?
Have a corporate policy where the CEO makes no more than 7 times the pay of the lowest paid worker.
It's been tried... and it failed.

Ben & Jerry's ice cream were just two hippies who took the ice cream course at Penn State. They went home to Vermont and converted a gas station into an ice cream shop.

The rest is history.

They got to a point where they were getting so big they had to hire people. But since money wasn't their original objective, they instituted a "Seven times rule". They would make no more than seven times the pay of the floor sweeper.

He still was paid just above minimum wage.

The money was put into the company and Ben & Jerry took home small salaries.

The company got too big for them, so they needed to hire a CEO.
At a salary that was seven times the minimum worker's?
They got no takers at all. So they had to abandon that policy.
They hired a CEO and had to pay him $1,000,000 a year. He lasted 12 months, and accepted an offer someplace else with a much higher salary.

Sigh...

So Ben & Jerry sold the company to Unilever for a pantload of money.

There are lots of qualified people that will work for 7x the average workers pay.