Mr. Speaker, some executive salaries in this country are obscene. There are bank CEOs taking home 7 and even 8 figure compensation packages that are 500 times the wage of their own employees. The gap between the highest and the lowest earners is wider than ever, making these inflated salaries even more unacceptable.
Why does the government not stop subsidizing this obscenity by denying corporations tax deductions on salaries in excess of $300,000?