Sunday, August 31, 2008
Redistribution of Wealth
How about a cap on personal income? Let's say $5 million would be the max allowed. If you can't live on that much(and live well), you've got a problem and need professional help. How about the next time a company wants to pay their CEO above that amount, they must redistribute the compensation above that mark to all employees in that company? How about a hefty tax if you make more than $5 million a year with no loopholes? Somewhere around 70% would be good. Or the CEO could select a charity or two to support with his compensation above that limit. Think of it, you could one up your peers with your good deeds instead of bigger cars, houses, boats, and the garbage that you currently buy. The working class would get a yearly boost for the good work of the CEO and company that they are a part of. These CEO's take charge of these companies and change them to get more out of them. Even if this company fails, he goes on to another cushy job at another company. The workers that he leaves behind in the failed company are the ones that bought into his quest because they had no choice. They needed the job so they did as directed. Now while he goes on to another CEO job, they are trying to collect unemployment. Sound fair to you? The workers are the ones that are taking the risk because they cannot bounce into another job as easy as these CEO's can. With all the obscene compensation that they were paid, their transition to the next job is a lot easier than the workers. Lewis Black is right, Profit can be obscene, tities cannot.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment