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> ...we should limit pay to a multiplier of average company wages... Won't they just find more loopholes to circumvent these rules? Maybe they take small salar
by humanrebar 9y ago
> ...we should limit pay to a multiplier of average company wages...
Won't they just find more loopholes to circumvent these rules? Maybe they take small salaries and get paid in transferrable, no expiration stock options.
It seems like the way to level the playing field is to figure out ways to help small companies, including startups, to compete with big players.
- gremlinsinc 9y agoDuring the New Deal era -- I believe there was something like a 90% tax on anything above 10 mill. If you taxed all earnings above a certain threshold for CEO's...then they'd be better off putting it back into their companies..but things are a bit different now adays.. Still something needs to change in 1980 it was 100-200x average employee salary.. since then average worker wages haven't gone up at all, but CEO pay has gone up to 450X the average worker... Trickle down hasn't worked...at all. The middle class is the new 'poor'.. I earn 60k as a jr developer and still money issues are tight.. I shiver to think what'd happen if I lost my job or went to a lower paying job.