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Fight Unfairly High Executive Salaries --- PLEASE TAKE ACTION


Business  (tags: corporate, abuse, ethics, government, law, money, politics, tax loophole, petition, unfair executive salaries )

Lynn
- 240 days ago - forcechange.com
In 1993, Congress attempted to limit the tax deductions large corporations could claim for executive pay. That law created a loophole... unlimited write-offs for "performance-based compensation." ... costs the government an estimated $7.5 billion a year.



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Comments

Anne F. (17)
Sunday August 25, 2013, 12:10 pm
Keep the charitable donation exemptions, Keep the tax on inheritances, Encourage people who are paid a lot to give money for the public good. Let shareholders vote to reduce executive salaries.
 

Lynn Squance (219)
Sunday August 25, 2013, 12:12 pm
Although this is a US petition, there have been talks and plenty of BS in BC in the past month about unfair executive compensation, especially at the BC Ferry Corporation and some other government corporations.

Let's put it to an end everywhere.
 

Rehana VN (0)
Sunday August 25, 2013, 12:17 pm
It is long overdue that execs salaries & bonuses be capped/reduced. Slavery is well & alive globally. The people that do the actual work are paid peanuts, can barely survive & get a pittance as a raise. The fatcat exec gets top salary plus super perks even when the company makes a loss. This must change & soon.
 

GGmaSheila D. (89)
Sunday August 25, 2013, 2:14 pm
Gladly signed and noted. Won't hold my breath about this one...I can always hope that these overpaid hogs will be brought down a peg...or three.
 

AniMae Chi (361)
Sunday August 25, 2013, 2:55 pm
Your signature has been recorded.
 

Alan Lambert (85)
Sunday August 25, 2013, 4:18 pm
Signed and Noted
 

Natasha Salgado (457)
Sunday August 25, 2013, 7:25 pm
Done!
 

Marie W. (65)
Sunday August 25, 2013, 11:30 pm
S&N
 

Past Member (0)
Sunday August 25, 2013, 11:53 pm
Signed.
 

Dogan Ozkan (5)
Monday August 26, 2013, 12:09 am
noted and signed
 

Giana Peranio Paz (367)
Monday August 26, 2013, 2:13 am
Your signature has been recorded. Please spread the word:
 

Jonathan Harper (0)
Monday August 26, 2013, 4:24 am
Noted
 

Sandra K Walker (94)
Monday August 26, 2013, 7:07 am
Signed.Thank you.
 

Gene Jacobson (233)
Monday August 26, 2013, 7:16 am
Signed but thinking that any action to limit salaries for the insanely rich by this House of Representatives is a dream. The republican party will never do such a thing, they are far too busy working on restricting women's reproductive rights to be bothered with work that would actually benefit the country, the world.
 

James Travers (83)
Monday August 26, 2013, 7:48 am
Gene is right. I see no path for this legislation to pass Congress. I doubt the Republicans will even let it come to a vote in the Senate and it has no chance in the House.

Corporate Exec salaries have been rising at record levels every year even when the rest of us were wallowing in the recession. Besides, even if this bill were to pass, Wallstreet would just circumvent it with higher bonuses
 

monka blanke (74)
Monday August 26, 2013, 10:04 am
I agree with Rehana VN. In Europe it's the same; it has to stop !!
 

Roger Garin-michaud (60)
Monday August 26, 2013, 12:41 pm
noted, thanks
 

Lois Jordan (55)
Monday August 26, 2013, 1:44 pm
Signed & noted. Thank you, Lynn.
I'm cynical, too, but let's not give up this fight!
 

Birgit W. (135)
Monday August 26, 2013, 2:49 pm
Signed, thank you.
 

holly masih (53)
Monday August 26, 2013, 5:14 pm
Performance based compensation-does that mean sexual favors?Been there,done that.I signedd the petition.
 

DAVID LAIRD (0)
Monday August 26, 2013, 6:26 pm
SIGNED
 

Darrel E. (0)
Monday August 26, 2013, 6:34 pm
Signed but feel it will accomplish nothing.
I believe the basis for this is in business law. That is shareholders in a company actually have very little say and it is difficult to make inroads into the board of directors of the company. The law is set up purposely to make that difficult by the elite running this Country. The Multi-National Corporations Controlling America (a true representative name) thru their lieutenants in the field (your elected representation) (think mafia organization or kings and nobility) have made it and keep it so. For myself, and many of you who have 401K's or mutual funds, we hold a chunk of ownership of these companies. I do not approve, nor consent to these huge salaries and bonuses provided by the good ol boys club....but my and our power is little. It's time for the people who really do have the power to take control and grab Congress by the lapels or bra strap and tell them what shall be done. But, alas, there seems to be a lack of will and guts to do the job.
 

Jeanne Rogers (367)
Monday August 26, 2013, 6:37 pm
Signed and noted.
 

Dori C. (12)
Monday August 26, 2013, 6:38 pm
signed.
 

Judith Abel (151)
Tuesday August 27, 2013, 3:08 am
Signed, thank you
 

James Maynard (62)
Tuesday August 27, 2013, 6:45 am
Signed and Noted, Thanks Lynn.
 

Phillipa W. (199)
Tuesday August 27, 2013, 9:34 am
signed.
 

Dandelion G. (399)
Tuesday August 27, 2013, 9:55 am
Your signature has been recorded. I signed if only to give my disapproval of the ongoing theft taking place in this unregulated capitalism. I have no problem with people being compensated for their time and labor as they should but there is no way that the top of the tier in these Companies are working any harder than those closer or at the bottom.

All employees that work for a company help to earn the company it's profits and it's time for a shift to occur in this pie chart that a few get to keep nearly everything while the majority have to make due on the smallest of portions. A whole new concept needs to be thought out for this Country, the pyramid is failing too many and the environment as well. We need Circle thinking, just like the concept of recycling. Circle thinking means all in the circle are important, all play a part, and everyone including the environment is in balance.
 

Melania Padilla (165)
Tuesday August 27, 2013, 6:27 pm
Signed
 

Pat A. (117)
Wednesday August 28, 2013, 1:33 am
Done.
 

Abdessalam Diab (150)
Wednesday August 28, 2013, 1:04 pm
This is a global issue. I agree with Cheryl that there is no problem in compensating people for their time and effort but there must be a fair system for the minimum and maximum income not only salaries.Noted and signed.
 

Joanne Dixon (34)
Thursday August 29, 2013, 12:00 pm
You know, with all the Repubs claiming everyone should do everything oneself, etc., etc., ad infinitum, it appears to have escaped their notice that under that principle the inheritance tax ought to be 100%, no exceptions.
 

Susan Allen (210)
Thursday August 29, 2013, 5:27 pm
Noted, signed and shared. I doubt seriously whether the senate bill has a snow balls chance in hell of passing.
 

Eternal Gardener (700)
Thursday August 29, 2013, 11:03 pm
Action taken, with pleasure!
 

Gina Caracci (230)
Saturday August 31, 2013, 7:00 pm
Its time the whole system is restructured..bonuses, taxes, loopholes, etc..it wont happen though unless we keep pushing for it..even then..
congress wont bother as they have too much too lose
republicans will scream at this one! greedy bastards..
i look forward to more BS tomorrow morning on face the nation!
 
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