The distribution of income and wealth will remain ridiculously top-heavy until we start limiting the 'rewards' gushing into corporate executive suites.
its broader annual census of the world's super-rich, an analysis that finds grand mega-million fortunes in nearly every nation.
What explains this overwhelming U.S. dominance within the ranks of the world's super-rich? The release of another new annual set of stats—from the Economic Policy Institute in Washington, D.C.—points to one prime piece of the answer: corporate executive compensation. This increase in U.S. executive pay has extended far beyond CEO suites. All top corporate officers have feasted in the fabulous windfall." the wealth well beyond the chief executive level. Amazon CEO Andrew Jassy ended the year up $212.7 million. But Amazon's web services chief, Adam Selipsy, had no reason to complain either. His compensation for the year: $81.4 million. David Clark, Amazon's worldwide consumer chief, enjoyed a lucrative year as well. His pay totaled $56 million.
That limit could come in any one of several different forms. Let's start with taxes. In the two decades after World War II, individual income over $200,000 faced a federal income tax rate that annually hovered around 90 percent. That tax pressure served to deflate executive compensation.
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