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Saturday, September 10, 2011

David Olive: Should we raise taxes on the rich? (in the Toronto Star)

"Business CEOs now pay themselves 325 times the compensation of shop-floor and cubicle workers. That ratio was closer to 25-to-1 in the 1960s. One cannot sustain an argument that business CEOs are now 300 times smarter than they were a half century ago, before they began “offshoring” manufacturing jobs or being stupendously rewarded for incompetence. "

Full article: Olive: Should we raise taxes on the rich?

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