Therefore, companies receive tax deductions for high executive salaries, no matter what they pay other employees. Naturally, companies are free to pay employees as they wish. Congress should reform this tax deduction by linking the salaries of top earners with those at the bottom. Such a link would give executives a strong incentive to take a hard look at how they pay their workers. This is not an attack on CEOs.
Skilled executives make vital contributions to their companies and deserve to be paid accordingly.
However, companies should also reward workers, for their roles, too, are essential to a firm's success. With both executives and workers sharing in our prosperity, the United States will truly have an economy worth boasting about.