Portland will tax public companies where CEO pay is 100 times employee average — Fellowship of the Minds

Demorats being demorats. From the Seattle Times: Moving to address income inequality on a local level, the City Council in Portland, Oregon, voted Wednesday to impose a surtax on publicly traded companies whose chief executives earn more than 100 times the median pay of their rank-and-file workers. The surcharge, which Portland officials said is […]

via Portland will tax public companies where CEO pay is 100 times employee average — Fellowship of the Minds

Reblogged on kommonsentsjane/blogkommonsents.

The moral to this story is – the sanctuary cities have to have money to continue to  support themselves because the people who they are supporting are living off the cities.  How do they know what a CEO’s salary is?

Fair is fair – all of the checks and  balances while working were – employees’ salaries were a percentage of the profits of that refinery or plant and were gauged against other local plants in order to keep their employees from leaving.  All employees were ranked and rated on performance and responsibility.  CEO’s were also treated the same.  These liberal governments are running out of money and this is the next step of stealing money for their own pockets.  It is called extortion the Jesse Jackson and Al Sharpton way.

kommonsentsjane

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About kommonsentsjane

Enjoys sports and all kinds of music, especially dance music. Playing the keyboard and piano are favorites. Family and friends are very important.
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1 Response to Portland will tax public companies where CEO pay is 100 times employee average — Fellowship of the Minds

  1. Centinel2012's avatar Centinel2012 says:

    Reblogged this on Centinel2012 and commented:
    Take it all they don’t need it …

    Like

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