To: The United States Senate
Legislate the ratio of CEO pay
In many countries the CEO pay is no more than 40 times more than the lowest paid employee pay but in the US it is over 400 times higher than the lowest paid employee. To make the economy stronger we need to distribute the wealth more equitably. To start we probably need to make the initial ratio 100:1 for the first 5-10 years. The greed of corporate executives in the US is unconscionable. Our constitution says all men are created equal. CEO pay 400 times more than the lowest paid violates that basic principle of our founding fathers. The principles that made this country great . Destroying equality destroys this country. The Untied States of America s greatness is dependent on restoring the Founding Fathers principles. The Buffet Rule is not enough.
Why is this important?
In most of the world the ratio of CEO pay to lowest paid employee is no more than 40% in the US it is over 400%. CEOs in the US make more than 400 times what the lowest paid employee gets paid. We need to control corporate greed.