Originally Posted by
tsquare
I am not sure what your treatise has to do with "redistribution" of wealth. The fact that CEO pay has escalated at a rate higher than that of the employees is not a redistribution of anybody's wealth as will be the tax increases we are all gonna see in a few months.
In 1965, CEOs were paid only 20.1 times more than the average worker instead of today’s 231 times. The right of workers to organize and bargain collectively, allowing workers to reap the gains won by their increased productivity was the beginning of the shift. Since 1981 when President Ronald Reagan fired the air traffic controllers the share of wealth steadily shifted from bottom up. Let’s be honest, everyone supports redistribution of wealth. It is ones perception of the justice of redistribution that we are discussing. You apparently feel that letting upper-income tax cuts expire is an unjust redistribution of wealth. Not only do I disagree with the premise that it is unjust, I would take my income from the Bill Clinton presidency- higher taxes included, any day.