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Why do American CEOs get paid so much?

Lafayette said:
Bollocks! Which is why the US has some of the highest corporate salaries in the world!
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But then, you must have noticed that the USA also has the biggest economy on the planet and the biggest industrial base. We must be doing something right.

And on-the-other-end of the Income Spectrum a Poverty Threshold of about 14% of the total population. Thats close to 5 million men, women and children incarcerated there - of the populations of California and West Virginia combined!

I might ask you where is the priority in terms of income, at the top-end or the bottom?
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What priority are you looking for? There is no guarantee of equal income. I sympathize with those on the lower and bottom end, however income redistribution is not the answer. Those who are truly poor are eligible for income and food assistance. And every healthy able bodied US citizen can learn new skills and make a better living. And btw, since the 2016 US election, imcomes in at all levels are rising.





The best talent does often make itself up to the top. But that does not in the least mean that multi-million dollar salaries are necessary to remunerate them.
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Once again, in America, that's not for you or me to decide, and it should not be. Think of it like a professional sports franchise. if it's okay for NFL, NBA, MLB teams to fork out millions of dollars to individual athletes based on their skills, it should be okay for fortune 500 corporations to pay similar amounts to talented CEOs if they think it will increase profits.

You've got your headings all wrong, wrong, wrong.
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That's your opinion. But then opinions are like assholes. Everyone has one.


I gripe mostly about unnecessary upper-income salaries that are causing a great disparity in Wealth, that can be better served returning (by means of taxation) to the economy in terms of investment in Tertiary Education - which the country desperately needs as we exit the Industrial Age and enter the Information Age.
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What you don't understand is that if you legislate wealth redistribution, the side effect is a shrinking economy.

But I expect that notion to be lost on you, so mindlessly are you attached to "rewarding the already too rich" of the nation!
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You seem mindlessly attached to generational left wing class warfare.



Of course it is Our Business. We are democracy, and it is that democracy that runs the business of government.
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We are in effect, a representative democracy...technically a constitutional republic. America is the greatest nation ever to exist in all mankind because our founders pushed a system of limited government. That means that the government cannot decide what a CEO can or cannot make.

What planet do you live on?
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Earth. You?



I accepted that at birth, and I find nothing wrong with the concept except in the US where Reckless Ronnie brought down upper-income taxation that should never had been lowered from the 90% range by JFK/LBJ that started that awful trend.
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What you either failed to learn or accept is that when Ronald Reagan brought down the levels of upper income taxation, the result was that the upper income folks overall paid more in taxes, not less. They paid more overall because they earned more. They also created more jobs, which created more taxpayers.

I live presently in a Social Democracy that has plenty of competition in the labor-force; and, yes, both the best and the worst make it to the top. Which does not mean - in my book - that it is any different in nature from the US. Except in one respect, revenue taxation is more fair and equitable. The EU benefits from high-taxation necessary to furnish to the nation both (much lower-cost than the US) National Healthcare and Tertiary-level education!
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Yet in France, you apparently cannot afford air conditioning for your senior citizens. and without the USA largely covering your nation's ass with our military, your government would not be able to afford it's national health care system.

And there is no "select group" of people ripping off the rest of us as regards Upper-income Taxation, which indeed is the case in the US ...
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And yet your nation has a smaller economy then many individual US states. Go figure!
 
ObamacareFail said:
And yet your nation has a smaller economy then many individual US states. Go figure!
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yes!! France has the per capita income of Arkansas about our poorest state. We should listen to them about economics as often as we enjoy new French inventions which is to say, never!! OF course if you count new varieties of wine and cheese France is number 1!!
 
James972 said:
yes!! France has the per capita income of Arkansas about our poorest state. We should listen to them about economics as often as we enjoy new French inventions which is to say, never!! OF course if you count new varieties of wine and cheese France is number 1!!
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Yes they do well on the wine and cheeses. I have a bottle of French wine vintage 1992 in storage. It should be very good by now. However I certainly would not take economic policy advice from the French seriously.

Sent from my SM-G955U using Tapatalk
 
Bullseye said:
I'm sure going to post this as a data point. Standby for all the usual "huh-uhs" from all the usual suspects.
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LOL....even the first comment points out the obvious:


Payroll isn't the main way CEOs are compensated. Comparing payroll figures rather than total compensation is a deceptive exercise in goal-seeking that has a Red Queen "verdict first" whiff to it.


Brainless article for brainless readers.
 
as i have said before. it is the tax code.

before reagan they couldn't keep it.anyway. after reagan they could keep it.all and.they did
 
rickc said:
as i have said before. it is the tax code.

before reagan they couldn't keep it.anyway. after reagan they could keep it.all and.they did
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If a free country we all naturally like to keep what were freely earn and not have a libNazi govt decide what we get to keep. Nothing is more dangerous to a free country than libNazis who think they have a right to others' private property to spend/waste as they see fit.
 
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