About time some Democrats start developing the awareness that they’ll have to aim above their target if they want to hit it instead of consistently missing or failing to take the shot.
First I want to put out that Lee is basing her argument in data, something her detractors in the article are not doing.
So Lee is striking a mid point between those two values. This seems reasonable.
I propose that we decide on some ratio of CEO compensation to minimum wage at a given company (say, 100x), and any company in violation of this has their profits taxed at 100% and redistributed to their employees.
I like the 12 to 1 rule. CEOs can’t make more in one month than their lowest paid employee makes in a year. If you want to make more than that then raise the standard for everyone.
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