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California tax plan could rein in CEO pay
San Francisco Chronicle ^ | May 2, 2014 | Robert Reich

Posted on 05/04/2014 8:54:45 AM PDT by artichokegrower

Until the 1980s, corporate CEOs in America were paid, on average, 30 times what their typical worker was paid. Since then, CEO pay has skyrocketed to 280 times the pay of a typical worker; in big companies, to 354 times.

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


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To: artichokegrower

If bills and tax schemes are enacted to restrict shelters, accountants, lawyers and financial consultants, will find other “workarounds,” which people of all political stripes will utilize.

Just as they now do. Many so-called tax shelters, loopholes etc. were advanced and passed by democrats.


41 posted on 05/04/2014 3:19:53 PM PDT by truth_seeker
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