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Voters want to tax outrageous CEO pay. Are lawmakers listening?
The Hill ^ | 05/17/2024 | SARAH ANDERSON

Posted on 05/17/2024 9:26:04 AM PDT by ChicagoConservative27

For decades now, Iโ€™ve been conducting my own informal survey of American views about CEO pay.

Whenever family, friends, or random strangers ask about my job, I tell them it involves research on executive compensation. Last year, for example, I found that CEOs of Americaโ€™s 100 largest low-wage employers made, on average, over 600 times what their median workers made โ€” and often thousands of times more.

Invariably, people see red when I share these numbers. And they often have choice words about the unfairness of it all.

A new poll reinforces my informal findings: Americans across the political spectrum are fed up with overpaid CEOs โ€” and want something done about it.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: ceo; pay; sarahanderson; tax; voters
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Sarah and voters are completely stupid
1 posted on 05/17/2024 9:26:04 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

๐Ÿค”. Fidiots!


2 posted on 05/17/2024 9:28:05 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰! ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘!)
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To: ChicagoConservative27

Why is it your business what other people are paid, Mrs. Marx?


3 posted on 05/17/2024 9:29:02 AM PDT by E. Pluribus Unum (The worst thing about censorship is โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ. FJB.)
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To: ChicagoConservative27

shareholders may pay whatever wages they wish to their employees, even if outrageous

it is not the government’s business


4 posted on 05/17/2024 9:29:48 AM PDT by faithhopecharity (โ€œPoliticians are not born. They're excreted.โ€ Marcus Tillius Cicero (106 to 43 BCE))
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To: ChicagoConservative27

According to a poll conducted to get the result I want, the voters are overwhelmingly in favor of just giving me money.


5 posted on 05/17/2024 9:30:52 AM PDT by FlipWilson
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To: E. Pluribus Unum

It shouldnโ€™t be. If they want socialism so bad, they ought to just leave America ๐Ÿ‡บ๐Ÿ‡ธ for the Marxist banana ๐ŸŒ republic of their choice.


6 posted on 05/17/2024 9:32:01 AM PDT by No name given (Anonymous is who youโ€™ll know me as)
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To: FlipWilson

They want free stuff simply because they exist. How pathetic is that?!


7 posted on 05/17/2024 9:32:29 AM PDT by No name given (Anonymous is who youโ€™ll know me as)
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To: ChicagoConservative27

Ought to implement a wealth tax too. Everything over $5 and
kill student loans.


8 posted on 05/17/2024 9:34:14 AM PDT by sasquatch (Do NOT forget Ashli Babbit! c/o piytar)
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To: ChicagoConservative27

I donโ€™t care how much CEOs are paid. Iโ€™m more concerned about CEOs who use their companiesโ€™ resources to buy political leaders.


9 posted on 05/17/2024 9:40:08 AM PDT by Alberta's Child (If something in government doesnโ€™t make sense, you can be sure it makes dollars.)
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To: E. Pluribus Unum

After they profiteered on Covid, tax the hell out of them. Confiscatory, punitive taxes. Then give the struggling middle class who has been hit by crushing inflation while the rich get richer a massive tax break.


10 posted on 05/17/2024 9:43:02 AM PDT by nonliberal (Z.)
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To: nonliberal

I’d rather just arrest them, charge them with crimes against humanity, give them a fair trial, find them guilty, sentence them to death and hang them by the neck until dead.


11 posted on 05/17/2024 9:47:19 AM PDT by E. Pluribus Unum (The worst thing about censorship is โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ. FJB.)
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To: ChicagoConservative27
CEOs are already taxed on their pay, morons.
12 posted on 05/17/2024 9:55:25 AM PDT by Toddsterpatriot (TANSTAAFL)
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To: ChicagoConservative27

Bezos made $1,681,840 from Amazon last year. Amazon employees 1,541,000 people. Taking all of Bezosโ€™ salary would provide each employee with $1.09 each.

Every billionaire they complain about you can divide their salary by the number of employees and come up with something similar.

Shapiro schools a knucklehead similar to the author of this article about wealth sharing.

https://www.youtube.com/watch?v=3xq-q6a9tCM


13 posted on 05/17/2024 9:56:58 AM PDT by rey
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To: E. Pluribus Unum

Maybe because they are not paid what they are actually worth. They all server on each others boards and give out huge contracts as well as bonuses. They are horribly over paid. They all are pulling in DEI and ESG bull crap into the corporations.


14 posted on 05/17/2024 10:00:10 AM PDT by pas
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To: ChicagoConservative27; All

I favor the “Putin Tax Plan” for the West’s Treasonous, Outsourcing and Woke CEOs:

Take away all their money ! And put them in jail !


15 posted on 05/17/2024 10:01:06 AM PDT by Reverend Wright ( Everything touched by progressives, dies !)
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To: pas
Maybe because they are not paid what they are actually worth.

Is it OK if I contact your employer and request that he adjust your pay because in my opinion you are paid more than you are worth?

16 posted on 05/17/2024 10:02:56 AM PDT by E. Pluribus Unum (The worst thing about censorship is โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ โ–ˆโ–ˆโ–ˆโ–ˆ. FJB.)
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To: ChicagoConservative27

Well, the corporate scum reward themselves handsomely while driving down wages with their support for illegal immigration and mass immigration. Can you blame some people for seeing red???

I’m not sure that taxing the hell out of them is the way to go, but would it really be so awful for them to put off purchasing those private jets and yachts for awhile and paying their workers a bit more instead?


17 posted on 05/17/2024 10:06:34 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: ChicagoConservative27; rlmorel

I’ve seen examples of actual corporate benevolence before.

Once, I was on this awful temp assignment with a bunch of people copying thousands of pages of documents for a DOJ case. Our corporate team leader Nigel was offered some sports tickets by his own superiors, but he turned them down, instead using the money that would have gone into the tickets to throw us all a fine dinner on-site one evening. I brought an apple cobbler that my own mother made for dessert. It was a great evening.

Another example: some decades ago, there was a man named Harvey Feuerstein who ran a factory that employed dozens, if not hundreds of people. One night, the factory burned down. No lives were lost, as far as I know, but all those people were suddenly out of work. Feuerstein kept them on the payroll and KEPT THEM PAID until he could get them working in the rebuilt factory.

All these examples out there, but these corporate scum want to pay themselves millions and millions while firing Americans and hiring illegals. And we sit here, wondering why our young wish to embrace the frightening siren song of socialism.


18 posted on 05/17/2024 10:14:09 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: ChicagoConservative27

CEOs should have massive salaries and very little in stock bonuses.

But because of jealous, stupid people (like many posting here) they are paid mostly in stock options.

This makes companies focus on the stock price more than the stability and health of the company.

Easy way to drive the stock price up is to offshore, cut costs, suck up to politicians who can hamstring your competition, etc.


19 posted on 05/17/2024 10:21:29 AM PDT by Erik Latranyi (This is the end of the Republic....because we could not keep it.)
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To: ChicagoConservative27

That should be the job of the Board of Directors.


20 posted on 05/17/2024 10:23:29 AM PDT by dfwgator (Endut! Hoch Hech!)
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