Re:San Francisco voters approve taxes on highly paid CEOs, b...
by cheriot on Friday November 06, 2020 @12:44AM
(#25005249)
> If you benefit from society to the point where you're the leader of such a company, for goodness sake, give a little back gracefully, that's progressive taxation and it has been one of the foundations of our society since 1862.
100%. I think we agree on more that we disagree about, but we happen to be talking about Prop L.
The question on L is what's any of this have to do with the amount of money made by a CEO's employees? Should a CEO of a small number of highly paid employees be taxed less than the CEO of a large number of blue collar employees? That doesn't make any sense.
People talk about the ratio of employee to CEO pay because it's a quantifiable indicator of underlying causes. Trying to change the indicator directly misses the point. Why is the city so unaffordable to the working class? That's not being solved by this.
100%. I think we agree on more that we disagree about, but we happen to be talking about Prop L.
The question on L is what's any of this have to do with the amount of money made by a CEO's employees? Should a CEO of a small number of highly paid employees be taxed less than the CEO of a large number of blue collar employees? That doesn't make any sense.
People talk about the ratio of employee to CEO pay because it's a quantifiable indicator of underlying causes. Trying to change the indicator directly misses the point. Why is the city so unaffordable to the working class? That's not being solved by this.