---------- Forwarded message ----------
From:
Rena Jo Arnold <rjar...@gmail.com>Date: Mon, Apr 18, 2016 at 2:38 PM
Subject: USA TODAY: $15 an hour? Retail, restaurant CEOs making $9,000
To: Glenna Garner <
gg4...@gmail.com>, Debra DaSilva <
DRDaS...@gmail.com>, Ron & Betty Siudzinski <
Siudz...@gmail.com>, Thomas Elliott <
tomell...@gmail.com>
No wonder why most liberal and or Democratic politicians are fighting to create the tax law for wealthy people to pay higher tax to relieve the poor and middle classes who pay the taxes for decades. Pres. Obama wants to increase the minimum wage to $10.10 an hour while presidential candidate, Bernie Sanders wants $15.00 an hour for minimum wage which they intend for working employees to get out of the poverty line. I always believed the wealthy business owners are earning by the undisclosed percentages of the companies' profits and not hourly wages that they are making now.
Please read the below article and the website to click on.
Rena Jo
From USA TODAY
$15 an hour? Retail, restaurant CEOs making $9,000
Restaurant and retail workers are pushing for a national minimum wage of $15 an hour, but some CEOs in the industry have landed pay packages worth $9,000 an hour or more. The highest paid chiefs in these industries include Larry Merlo of CVS Health (CVS), who earned $13,914 an hour, Leslie Wexner of Victoria's Secret parent L Brands (LB) who brought in $13,062 an hour, Howard Schultz of Starbucks (SBUX), who made $9,659 an hour and Douglas McMillon of Wal-Mart (WMT) who received $9,323 an hour. Four retail and restaurant CEOs earned more than $9,000 an hour last fiscal year, according to a USA TODAY analysis of data from S&P Global Market Intelligence. The analysis includes the 76 restaurant and retail companies in the Standard & Poor's 1500 that have disclosed their fiscal 2015 executive pay and is based on a 40-hour work week.
http://usat.ly/1SmC9oY
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