Source: Dadaviz
Comparing CEO and Employee Salaries
September 3, 2015 6:30am by Barry Ritholtz
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Wow, Apple actually looks responsible compared to Microsoft. And to think Washington state doesn’t have any income tax either!
yes, but YOU TOO can move to a state with no state income tax.
Those folks who say tax laws do not affect where people live and how they behave are wrong. I left Oregon state because they tax productive residents like crazy. I let a license in California expire for the same reason. Once my career was far enough along to have a choice, I moved to a state with no state income tax. Over the course of my career it has and will continue to make a huge difference.
I know this topic isn’t what the original post is about, but I am surprised that more people do not act on this state taxation issue.
tax productive residents like crazy lol on that dialectical mumble. So do non-income tax states.
Washington state is very trendy.
Washington suffers most regressive tax system in U.S.
The nation’s unfairest tax system is here in Washington, adding to inequality and hurting state revenues. But voters don’t seem inclined to fix it.
The dangerous separation of the American upper middle class
Those of us in the upper middle class typically find it more comfortable to examine the problems of inequality way up into the stratosphere of the super-rich, or towards the bottom of the pile among families in poverty or with low incomes. It is discomfiting to think that the inequality problem may be closer to home.
…the American upper middle class knows how to take care of itself. Efforts to increase redistribution, or loosen licensing laws, or free up housing markets, or reform school admissions can all run into the solid wall of rational, self-interested upper middle class resistance. This is when the separation of the upper middle class shifts from being a sociological curiosity to an economic and political problem.
I prefer Oregon myself: A bit retro, sure, but non-regressive (e.g., no sales tax) and no private ownership or restriction of 363 miles of ocean front. Nice.
100 highest grossing companies in 2013 CEO pay comparison with worker median income
http://www.payscale.com/data-packages/ceo-income/full-list
Methodology
http://www.payscale.com/data-packages/ceo-income/methodology