SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JBTFD who wrote (109007)2/25/2010 8:25:07 PM
From: ajtj991 Recommendation  Read Replies (2) of 116555
 
Mark, I didn't pay the wages (stock options) for United Health Care's CEO. However, I do help pay the wages for the state and local government employees in my area via my taxes.

While the compensation package you cite is enormous, it is voted on by the board of directors of the company he works for. Those directors are voted in by the shareholders.

If you are against the compensation package of a CEO, you need to wage a proxy fight to get your advocates on the board. That's the only way you can effect change there.

To effect change at the local level, we can vote out the folks who are complicit. We can also refuse tax increases, causing localities to reform, even if they may appear to do so involuntarily.

FWIW, if you are mad at the huge compensation packages CEO's at large companies get, then you should be an advocate for higher capital gains taxes. Prior to the Reagan tax cuts, most CEO's made their compensation through wages. However, after the capital gains tax cuts, the vast majority of the compensation came through capital gains via various stock grants.

Your problem with executive compensation is really with Ronald Reagan and his tax cuts when you get down to it. Well, that and bull markets.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News