CEO Pay is out of control (with Mark Kreidler)
Pitchfork Economics with Nick Hanauer
00:00
Why We Need Higher Top Marginal Tax Rates
CEO pay has gone from around 30 times the median workers pay to about 400 times, that's got to do with power. Nick Gillespie: The idea that like wages for ordinary people have gone up 18%, while the wages for CEOs have gone up 1400%. He says there are some things we can do to address over compensation and unionization would help bring this back in line. Gonzalez: We need higher top marginal tax rates on incomes over $200,000 or $500,000 or £1 million.
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