Alan Lukachko wrote: > Some form of control has to be implemented that prevents CEOs of earning > over $100 million while at the same time the business goes bust.
Hi Alan! Well, for some time I have been suggesting that every CEO/owner/manager be limited to 200 times what they pay their lowest paid employee. Thus, if they pay the toilet cleaner $6.25 per hour they themselves may make no more than $1250 per hour. Conversely, if he/she wants to clear $100 million he/she has to have enough profit in the company to pay the toilet cleaner $500,000. This would require enforcement, of course. I would suggest that the US adopt capital flight laws similar to other countries, for one thing, and the 200x could be enforced by the IRS by taxing away anything over 200x. The law would have to be loophole free. They shouldn't be able to contract out all their cheap work and claim a 200x certification with only high level employees actually working for the company. -- Regards, Pete http://pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
