As fact, the tax breaks we're giving them now are not doing anything but reducing our government's primary revenue stream and putting more money in their CEO's pockets.
Originally Posted by F-Sharp
The CEO's seem to be quite happy. The workers they lay off are not!
2009 Average CEO Pay at S&P 500 Companies
Salary $1,041,012
Bonus $203,714
Stock Awards $2,630,574
Option Awards $2,284,595
Non-Equity Incentive Plan Compensation $1,790,703
Pension and Deferred Compensation Earnings $1,060,867
All Other Compensation $235,232
Total $9,246,697
Ok, how many of you hard-core, TEA sippin' Eccieites are in the $9 million a year category? Unfortunately, I do not fall in that category!
It never ceases to amaze me that many of our posters on these pages do not have a problem with the CEO's pay increasing at an exponential rate. All the while the workers who are lucky enough to still be employed, their pay remains stagnant! That seems to be a very strange set of priorities by some of our posters. Unless, of course the posters happen to fall in the $9 mil a year category. And to those who are fortunate enough to fall in the latter category, I can certainly understand why you want it all, at the expense of the workers!
I certainly am glad that I am not sippin' their high dollar TEA!