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It’s time to put an end to outrageous CEO pay and tip the scales to favour Canadians.
Petition: https://www.ndp.ca/tax-ceo-pay
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this post was submitted on 09 Jul 2023
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The answer is unions with oversight and regulations to combat the corruption that seems to spring up inside union management.
Workers deserve a bigger piece of the profit pie than management does -- because management doesn't put in 243x more effort or hours than workers do.
This is not a union issue. They cannot and definitely will not demand a monitored change to the finances of a company. It'd reduce their viability and thus reduce union officials' grift.
(After working under three indolent unions, I claim their goals have changed and they're only interested in union dues instead of preventing (in order) two-tiered workforces, unsafe hot/bright/loud/cramped environments during covid, and finally dead-naming staff)
This is a taxation issue and, more simply, a change back to more and higher levels of taxation over a certain gross income. The guy pulling in over a million a year needs to pay a bit more.
And maybe, just maybe, have the values rise with inflation, okay? People making 50k should be taxed to the same percentage the 50k guys were in 1970.