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You seem to have missed that the thrust of the article could more be about overpaid CEO's than it is about underpaid workers.
by jrm4 4y ago
You seem to have missed that the thrust of the article could more be about overpaid CEO's than it is about underpaid workers.
- squaredot 4y agoOverpaid with respect to what? The comparison CEO-worker is not explicitly stated, but it's not very hidden either.
- dmix 4y agoHow likely are the odds their proposed solutions will result in better pay for workers? Rather than just higher tax rates? Only one mentions workers pay: > setting corporate tax rates higher for firms that have higher ratios of CEO-to-worker compensation Even that doesn't seem like a good incentive to pay workers more. It's also not clear how the IRS is going to evaluate CEO pay -> yearly tax rate when this study uses 'realized gains' which often happen well after the fact, since CEOs are paid with stock/equity. The study mentions almost all of the growth has been via the % of stocks CEOs now get, not their actual salary.