Well, I’m in the upper tax brackets but it’s under a million. ;-) I’m not jealous at all, I have a very nice income and lifestyle.
My concern is the uneven balance which fosters social unrest and the fact that they simply are worth what they are paid especially when the drive a company into the ground.
I’ve worked with many C-Suite types and know from personal experience that most aren’t worth what they are paid.
Sadly you are mistaken, the CEO types you know who are idiots are still the best money can buy. There is a competition for them just like for football players or anything else. And most pro football players are smelly and stupid, as well as possessing mediocre talents compared to the top stars. Most NFL quarterbacks “suck” because money has brought in the best there are, and those are limited.
Believe me, I’ve been in the corporate world and I have seen what you have seen. That’s real life.
There are also lots of drunk, crooked, etc. plumbers. And the market system with some reasonable regulation will bring up the best. But you will NOT get the best plumbers or anything else by having Barack Obama and the democrats in Congress limit their pay.