kepdaddy
Will
kepdaddy

Howard Schultz, among others. A good CEO expands a company, resulting in more jobs and higher wages, and allows the different parts of the company to work together well. A good CEO can make a company, a bad one can sink it.

You asked if they are worth the money, and compensation boards are part of that. When a company decides to give the CEO 100 mil in stock or something, they do that to keep that talent at the company. They would not offer that option unless they believed that executive contributed more to the company than he or she was

It’s 39.6%, far higher than the other brackets. Yes, America is not number 1 in those other categories. But our economy is much stronger than those other countries, and many of those problems come with having such a large population.

Why would they pay someone outrageous amounts of money if they weren’t talented? They’re staking their company on whichever executive they pick as CEO, so naturally they try to pick the best one.

The top 2.7% of the population pays over 50% of (income) taxes, while the bottom 80% pay only 20%. The bottom 20% actually receive more money directly from the government than they pay in taxes. So the rich subsidize the rest of us, and pay much more than their fair share.

Lets skip the part on whether or not unions force wages, either way they still are responsible for wage hikes.

Anyway, I have to go now. Thank you for having this discussion with me. Lack of dialogue is one of the biggest problems in our country right now, and I respect you for backing up your side of the argument. I hope that this was as informative to you as it was to me! -J

Well you stated everyone who works deserves a minimum wage, and there is no such thing as equal workers, so each worker should be paid differently based on their worth. Which begs the question:

They do force wages when they don’t get what they want from negotiations (see strikes).

But then the top executives would go to overseas companies that would pay them better, as this plan would result in huge executive pay cuts more likely than raises for base employees. The best executives would keep on getting poached by foreign companies and eventually there wouldn’t be any top talent to keep

Because gawker doesn’t like the idea of poor people having to pay ANYTHING.