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Related: About this forumAbigail Disney, Heiress Demands Tax On Wealthy. 'CEOs in General Are Paid Far Too Much'
(Newsweek, 3/7/19). Disney Heiress Demands Tax on Wealthy: Jesus Christ Isnt Worth 500 Times Median Worker Pay. Abigail Disney, heiress to The Walt Disney Company, railed against CEOs collecting too much pay and is demanding Americans start taxing the wealthy. The granddaughter of Roy Disney, who-founded the namesake company alongside his brother Walt, told CNBC's "Squawk Box" Thursday "Jesus Christ himself isn't worth 500 times his median workers' pay."
Disney, 59, took shots at current Disney CEO Bob Iger, who recently agreed to a new payment contract that reduced his maximum potential yearly pay to a mere $13.5 million. She is a longtime critic of U.S. income inequality, particularly between corporate executives and average workers, and last month signed onto a New York "millionaires tax" proposal.
"If your CEO salary is at the 700, 600, 500 times your median workers' pay, there is nobody on Earth, Jesus Christ himself isn't worth 500 times his median workers' pay," Disney told CNBC Thursday. "CEOs in general are paid far too much."https://www.newsweek.com/disney-ceo-pay-millionaires-tax-income-inequality-walt-disney-wages-heiress-1355592
>Patriotic Millionaires group, https://patrioticmillionaires.org/
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Abigail Disney, Heiress Demands Tax On Wealthy. 'CEOs in General Are Paid Far Too Much' (Original Post)
appalachiablue
Mar 2019
OP
exboyfil
(17,865 posts)1. It would be good if folks like her
and other billionaires that feel this way to allow their accountants and lawyers to testify to Congress in how the wealthy avoid taxes. Also how much they actually pay in federal taxes versus their wealth.
Then have these individuals who understand this situation work together with Congress to craft effective legislation to address the inequities.
appalachiablue
(41,174 posts)2. That's an interesting idea to testify in Congress, wonder if it's
ever been suggested. Having wealthy individuals appear would also be effective- Ms. Disney, Nick Hanauer of the Patriotic Millionaires group and others. We need their voices and support!! Nobody wants this:
FDR, "Grilled Millionaire" speech, Univ. of NC.