$100K or less
That's none of our business.
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
I think a CEO should be limited to some multiple of the lowest paid person in the corporation.
Say maximum would be 50 times the lowest paid. That would have the CEO earn about 1 million.
With pension perqs etc., it comes out to a nice package. The problem of course is how do you get every corporation to instituted such a policy? If only some do it, the best execs will naturally go for the biggest pay packets.
My Karma ran over your Dogma.
It is my personal belief that salaries have gotten out of hand for many positions, not just CEO's. It facinates me that CEO's, some proffesional athletes make so much more than our President. In general they can't start a war or nuke someone. The President can. Yet wages are what they are. I do not think the govt should limit what a person can make.
You are the one that needs to recognise the incompatibility between Christian morals and Corporate capitalism
I am merely highlighting the reality that one cannot be devoted to Christianity and Corporate Capitalism at the same time - they need to choose or live a life of infinite moral hypocracy - which incidentally is what the US stands for
The top 400 income earners in the USA take home about 300 million dollars per year EACH and pay about 18% tax on that income
Now lets see - what crucial role can one person perform that requires them to be paid about $144,000 per hour?
(minimum wage in the USA is about $7 dollars per hour - earnt by these greedy US workers)
As much as they want as long as I get an under the table cut.