The fact is if a corporation can find a way to screw over their workers - through re-negging on pension/health care that was negotiated as part of union contract talks, and which union members made concessions for as part of the negotiations; or, as Walmart does, keeping most employees at part-time or temporary status so they don't need to offerany benefits - it makes the corporation look more productive. The top executives take huge salaries and benefit packages, the people at the bottom are out of luck.
I would like to see a situation where the salaries to the top folks in a corporation could not exceed some certain multiple of the bottom tier. Say, 50X. So, if the chief executive is worth $2,500,000/annum, the lowest full time worker gets a living wage of $50K. This could easily be encated through the tax code - a wage greater than 50X (or some other multiple) that of the lowest full time wage you pay is not a reasonable business expense and cannot be deducted from profits as such.
(no subject)
I would like to see a situation where the salaries to the top folks in a corporation could not exceed some certain multiple of the bottom tier. Say, 50X. So, if the chief executive is worth $2,500,000/annum, the lowest full time worker gets a living wage of $50K. This could easily be encated through the tax code - a wage greater than 50X (or some other multiple) that of the lowest full time wage you pay is not a reasonable business expense and cannot be deducted from profits as such.