CEO pay still soaring

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  • high school fan Huntington, UT
    Oct. 25, 2013 7:49 a.m.

    Why do we complain about CEO's and not athletes or actors that make so much money for doing what? The rich getting richer has nothing to do with the poor getting poorer. Once you learn to spend less than you make then you are on the road to financial freedom.
    The problem today is that kids want what their parents have and they want it now, not later in life.

  • christoph Brigham City, UT
    Oct. 24, 2013 11:58 a.m.

    Taxes were raised on them this year as well; it is all good. Raising taxes on the rich ends up making the rich even richer, and spreads the money around; in the 1990's the rich had their taxes raised and that got the money distributed to community colleges and all became richer. The economy is growing; the future is bright.

  • Mountanman Hayden, ID
    Oct. 24, 2013 10:07 a.m.

    Do you all know that government employee salaries and benefits are on average much higher than the private sector? And there are millions more government employees than there are CEOs. To add to this, if a CEO doesn't perform, he gets fired. When do government employees ever get fired for poor performance? Even the IRS' Lois Lerner is still on the government payroll!

  • Tekakaromatagi Dammam, Saudi Arabia
    Oct. 24, 2013 9:35 a.m.

    Companies should not be able to deduct in excess of 400x the poverty level as a business cost.

  • lost in DC West Jordan, UT
    Oct. 24, 2013 8:27 a.m.

    what is just about overpaying anyone, whether it is the $100 mil to the CEO or $7.25 for the no-skill delinquent who sleeps at work?

    too much attention is focused on the overpaid CEO, and not enough on the under-skilled and under-productive underling.

  • DVD Taylorsville, 00
    Oct. 24, 2013 5:40 a.m.

    I'm not so concerned with CEO pay as I am with the non-living wage levels allowed right now. The days when you could pay someone the equivalent of a penny a day and expect them to make up the difference with farming and hunting (because they had no other choice) are long gone. Now Bangladesh represents what happens when an entire nation has too low a minimum wage. 12 hour work days and still starving, with no other options.

  • BYU Track Star Los Angeles, CA
    Oct. 23, 2013 6:58 p.m.

    At Dave D

    Tech-startups are an expectation to the rule. Alot of startups go bust. Conversely, there are many early Microsoft employees comfortably retired as multi-millionaires. For Mature Companies yes I agree to the need to have sane executive compensation

    Citing FaceBook's Mark Zuckerberg's Billion dollar earnings above last Year, He is afterall the founder of the Company. If the quasi-biography of FB portrayed in the movie "Social Network" is reasonably accurate I'd say Hooray for Mark ! He built the better Mousetrap and is reaping the rewards. The JC Penny CEO in the news of late, was hired for his Apple company turn-around skills. He was, by media reports unsuccessful. And yes, the cartoon strip Dilbert mercilessly lampoons clue-less overpaid CEOs especially Dilber's Bald-headed CEO. I pity Dilbert, and secretly have a crush on Enginneer Alice.

  • Dave D Spring Creek, NV
    Oct. 23, 2013 5:18 p.m.

    Chris B,
    Surely no CEO is 200 times as valuable as their employees. Surely just because from 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37% doesn't mean the stuff they do is actually worth 400% more than their predecessors. Nor does it mean they deserve the massive tax breaks.
    Perhaps there is a systemic problem of income and resource inequality in the world. In my view farmers and teachers are the most important professions out there and they have plenty of "customers," so to speak. Yet I do not see the invisible hand treating them with much kindness. We clearly define "value" differently.

  • Chris B Salt Lake City, UT
    Oct. 23, 2013 3:21 p.m.

    Yes, and athletes salaries are soaring as well.

    If these people are that valuable then this is perfectly acceptable.

    If you don't like it, don't invest in/be customers in those companies.

    If you're jealous and think you deserve to make more, then make yourself more valuable.

    It's not up to the CEO to ensure I make the money I want to make. It's my responsibility.