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Tuesday, October 04, 2011

Cash Wars?

Two posts from (MoJo) Kevin Drum ~

CEO Pay: Still Skyrocketing, Still Undeserved


- two things: (a) stagnating worker pay has made a much bigger pool of money available for executive compensation, and (b) peer group comparisons inexorably ratchet up CEO pay.
- The chart on the right tells the familiar tale. Adjusted for inflation, cash compensation for line workers has actually decreased over the past few decades, and even when you include healthcare compensation it's grown only about 30% or so. In contrast, executive compensation over the same period has more than quadrupled.


Political Mojo - Greg Sargent's Tax Policy Center chart - The question it answers is this: if you applied various tax policies to estimated 2013 income, how would different income groups fare? Here's the answer for the very tippy top of the income spectrum:


Greg Sargent - Washington Post: How Obama's tax hikes would really impact the rich, in three easy charts

~*~

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About Me

I go to as many New Castle County Council meetings as I can. I am a former Board Director of Common Cause Delaware. I was formerly the Secretary of the Board of The People's Settlement Association in Wilmington. I was formerly on the Board of the W3R. I co-founded the Friends of Historic Glasgow and am involved with several heritage groups in the county. I am the Secretary of the Board of the Civic League for New Castle County. I hold a Psychology degree from the University of Delaware with some Masters work in Education