The taxes need to be on the CEO compensation not the company. The executive teams with huge paychecks really don’t give a fuck about the company. Look at all the CEO’s who accept huge payouts when the company is going bankrupt and they are laying off employees.
It also needs to be based on total compensation, not just the paycheck for everyone. Otherwise companies will start to offer higher pay, but drop benefits like the greedy little fucks they are.
It also needs to be extended to upper/middle management. In most companies 99% of the decisions are made by the level below the executive team. These are the collection of relatives, kiss-asses and a scattering of qualified individuals who hope to eventually make it to the C-suite.
It’s a good idea but it’s missing the mark.
The taxes need to be on the CEO compensation not the company. The executive teams with huge paychecks really don’t give a fuck about the company. Look at all the CEO’s who accept huge payouts when the company is going bankrupt and they are laying off employees.
It also needs to be based on total compensation, not just the paycheck for everyone. Otherwise companies will start to offer higher pay, but drop benefits like the greedy little fucks they are.
It also needs to be extended to upper/middle management. In most companies 99% of the decisions are made by the level below the executive team. These are the collection of relatives, kiss-asses and a scattering of qualified individuals who hope to eventually make it to the C-suite.