Thursday, June 01, 2006

you pay me, i pay you

You complain about athletes' salaries. But CEO/senior executive pay is much more egregious. They even get massive bonuses when they fail to meet the laughably low standards set in their contracts!

Why? Partly because these compensation boards they establish are peopled by fellow CEOs and senior execs, who are naturally sympathetic to shoveling more dough at their counterparts who may very well serve on THEIR compensation board some day. Meanwhile, taxpayers and shareholders pay for scratch-my-back sharing of the wealth.

So the least we can do is tax the hell out of their estate when they die!

1 Comments:

Anonymous Anonymous said...

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9:28 AM  

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