Wealth Inequality Is a Problem, but How Do You Even Begin to Solve It? [Derek Thompson, The Atlantic - 3/6/13] - http://www.theatlantic.com/busines...
Mar 7, 2013
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Europe in on a rampage against sky-scraping compensation packages. Months after France announced a new confiscatory top tax rate, the EU recently capped banker bonuses at twice their salary. This weekend, Switzerland voted to put historic restrictions on corporate pay. Two-thirds of a national referendum (in one of the finance capitals of the world!) voted to give shareholders the right to slash their executives' compensation and banned "golden parachutes" for outgoing executives.
- Mitchell Tsai