woodguru

Corporations pay highly paid CEO's bonuses out into the hundreds of millions, this affects their book profit margins and they claim they can't afford raises. Working class wages have stayed basically stagnant for 20 years. Corporations paying bonuses to CEOs should have to split the bonus pool with at least 20% going to workers. Working class wages bolstered by ten or twenty percent would go directly into the economy in a way that wealthy people's bonuses do not.

Meg Whitman of Ebay got $700 million in bonuses the year ebay layed off 4500 workers, they made those layoffs because of horrendously bad policy decisions she made.

Working wages can't be fixed with a minimum wage increase, the middle range of wages needs to be increased, and the best way is to hinge it on what a corporation sees fit to pay to executives.

Parky60 Loc: People's Republic of Illinois

In 2018, pay for CEOs at S&P 500 companies rose to a median of $12 million, including salary, stock and other compensation, according to data analyzed by Equilar for the Associated Press.

Do you realize that if a company decided to pay that WHOLE $12 million earmarked for its CEO and instead paid it out to say a 25 thousand person workforce, that would equate to a $480 per year pay increase per worker?

And you b***h about Trump's tax cuts which were worth MUCH more!

And I think you're GROSSLY inflating Meg Whitman's bonus. Three-quarters of a BILLION dollars? Rigggght!