Probably won't pass, but it's good to see an idea like this getting out into the mainstream. I have advocated a maximum ratio of 14-1 for Top to bottom pay in any organization. I based this on the ratio that we have currently in the US Military between the highest paid General and the lowest paid Private. It seems reasonable to me. The current average ratio in US Corporations is about 400-1 which is IMO obscene. There is no way one persons labor is worth 400 times as much as anothers. http://www.reuters.com/article/2013/10/18/swiss-regulation-pay-idUSL6N0I82NM20131018 Swiss voters equally divided over vote to cap executive pay Fri Oct 18, 2013 12:32pm EDT * Vote on Nov. 24
Thanks, I value your input, but what you think is, respectfully, irrelevant. The property owner/s should decide how much of their property is paid to each employee. If some employees dislike this they're welcome to leave, I'm not forcing them to work - as it stands they are trying to force me to pay them, however. You'd do far better eliminating state subsidies, limited liability, and intellectual property. Oh, and the Federal Reserve system - that thing pumps trillions into the coffers of the big banks. [hr][/hr] I think the left and right can come together quite nicely on the corporate issue, if we try.