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There are a lot of good arguments for why CEOs and other executives shouldn't be paid more than workers, but I think the one I like best is this one:
If you don't earn more by being an executive than by being a worker anyway, the position becomes unattractive to the kind of ghoul who thinks in categories of 'lesser' and 'better' people.
@joepie91 I'm pretty convinced this goes way down the rank into middle management where the pay scales are already so blown out of proportion no one will ever tell you what they make