March 4, 201313 yr Active Members OK, but should we do about it? Taxes are not the answer and neither is socialism. If we took GNP and monetized it, distributed it equally among all citizens, in 10 years the situation would be the same as it is now. I certainly agree that there are changes that can be made. Some of those need to be made by share holders. CEO's do not make hundreds of times what others make without the tacit approval of the shareholders. That money should be going to them but they won't "fight" for it. Monopolies have successfully being legislated against in this country and some legal business practices should have legislation that limits them. But, not taxes. Sorry, but we have a spending problem, not a revenue problem. Any other ideas? Best regards, RA1
March 4, 201313 yr If it were up to me, I would set a maximum salary for a CEO that would be 20 times the salary of his average employee. AT the same time, I would abolish unions. Seems like a fair trade to me, and it would definately spread out the wealth in a way the the CEO coould only make more if his employees made more.
March 5, 201313 yr Tieing the salaries of CEOs to the salaries of employees solves the problem. Henry Ford understood that he needed to pay his people enough to be able to buy products. Current CEOs don't get this.
March 5, 201313 yr Active Members The easiest and best way to "change" the method of CEO compensation is for the shareholder's to do so. It is ludicrous for corporate officers to get shares at 50 cents on the dollar. Shares should belong to those who invest dollars in the company. And, profits beyond the reasonable "upkeep" of the company should be paid to the shareholders. All this talk about not being able to attract and keep "top talent" without big pay and enormous profit sharing plans is nonsense. First, they don't keep those folks anyway and second, what else are they going to do? They don't know how to raise livestock or bring in a cash crop or fly a plane. Some of them couldn't drive out of the parking lot. A "system" is currently in place if only the "voters" aka shareholders would use it. Best regards, RA1
March 5, 201313 yr Tieing the salaries of CEOs to the salaries of employees solves the problem. How would that be enacted?
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