While the idea has merit, who gets to decide what someone earns? If
people (read company boards) are stupid enough to pay 400 million dollar
separation packages, and the shareholders roll over, then what law has
been broken?

Next there will be a Bureau of Equal Outcomes, run with all the
understanding of the IRS, and the efficiency of the Post Office,
determining what you or anyone can earn.

Take a look at "The Dance of Change" by Peter Senge. When all Wall
Street can focus on is if the company makes ever more profit (which is
not evil), unfortunately the corporate climate is to do just that.
Groupthink is dangerous, wherever it occurs.



F. George McDuffee wrote:
IMNSHO, one of the major contributing factors is the grossly
excessive burden and overhead rates charged against manufacturing
and indeed all productive activities. The most egregious example
is the outrageous salaries and benefit packages, demanded and
received, by the CEOs that are running our few remaining
productive assets into the ground.

To start a law could be enacted prohibiting any company from
paying any person a salary/compensation greater in total than
that received by the President of the United States ===unless
that corporation is making a profit== as indicated by paying US
income taxes on the corporate gross income at a rate at least as
high the rate paid on gross income by a single working mother of
two.