Proposed Grievance for GA PLEASE SUBMIT FOR TEMP

[myanswer]

This site shows the income difference between the 1% and the 99%

http://tinyurl.com/3mvx6fa

I propose enacting a minimum wage law that limits the highest Corporate Executive salary granted by corporate Board of Directors to a maximum of 49X that of the lowest paid hourly worker.

If enacted if CEO's want more pay they have to increase the base pay of the lowest hourly worker. WIN,WIN,WI,WIN

Hourly Worker wins Gets steady pay raises

CEO's win Gets larger salary

Govt. wins gets more taxes.

We win as the 99% We get a grievance that can be acted upon immediately

Bottom line fair to 100%

I feel this is better than eliminating corporate personhood. http://tinyurl.com/3lsxw7b   video explains why

[Keith]

myanswer said:

This site shows the income difference between the 1% and the 99%

http://tinyurl.com/3mvx6fa

I propose enacting a minimum wage law that limits the highest Corporate Executive salary granted by corporate Board of Directors to a maximum of 49X that of the lowest paid hourly worker.

If enacted if CEO's want more pay they have to increase the base pay of the lowest hourly worker. WIN,WIN,WI,WIN

Hourly Worker wins Gets steady pay raises

CEO's win Gets larger salary

Govt. wins gets more taxes.

We win as the 99% We get a grievance that can be acted upon immediately

Bottom line fair to 100%

I feel this is better than eliminating corporate personhood. http://tinyurl.com/3lsxw7b   video explains why

I feel this makes a lot of sense and agree we need to focus on this as a quick goal we can accomplish.

[Keith]

I proppose changing it to read  Limit the highest corporate executive salary to a maximum of 49 times that of the lowest paid hourly worker employed by that corporation anywhere in the world.

[phys431]

I think in Japan, the ratio is 10x.  But don't forget "bonuses" and other forms of income apart from salary.  What about non-currency compensation (stocks, bonds, etc) and non-monetary compensation (benefits, etc)?  The sentiment almost rings with me that if a business entity wanted to pay someone something, they'll find a way to do it and use colorful accounting language to develop new terms and such to get around existing laws.

 

I put a post on the "potential proposals" forum about changing employer/employee working dynamics.  I did not mention another idea (which would receive *great* resistance from businesses) is to eliminate the designation of a business entity (corporations, S corporations, LLC's, etc) to be completely reduced into entrepreneurships or partnerships.

1. This totally eliminates the shield of being a limited liability entity, the owners will be held directly responsible (and financially liable) for the products or services they sell.

2. While businesses will be privately owned (instead of publicly sold), this will take away from their ability from being a huge entity as opposed to a real person at the wheel.  Contrast Starbucks with a mom-n'-pop store.