woodguru wrote:
Actually the business of business has become focused on paying CEO's staggering salaries, perks, and bonuses as an alternative to paying taxes on profits. Tax cuts just gave them a mainline to higher salaries and bonuses. Meanwhile corporations reflected a stagnation as pertains to worker's pay. Their defense being "but we can't afford to pay more, profits aren't there" Well it has been because their focus on paying ludicrous bonuses on to of completely unwarranted salaries. There is not a single CEO in the entire country that has a salary and bonus of more than a few million tops, and many are topping a hundred million a year and more. Nobody alive is worth that much money as a paid employees, whether they run a company or not. That is income that should be going to employees and shareholders.
Actually the business of business has become focus... (
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We finally agree on something. I'm writing this down in my diary.