San Francisco voters pass 'Overpaid Executive Tax'

[barbos]

Actual result: Outsourcing will increase, harming the average worker.

Oh, spilled milk and exaggeration. The company isn't going to reorganize its entire structure to save their CEO a few thousand bucks on his tax return.

They are not taxing CEOs, they are taxing or rather fining companies which go above some limit in their top people salaries.
0.1% could be huge for huge companies, much larger than CEO salaries.

 

[Loren Pechtel]

I'm not talking about offshoring, just hiring out low wage functions. Hire a janitorial company rather than hire janitors.

The thing is you end up with a lot of small companies in the business and business relationships with such companies don't have the protections workers normally have. The janitor at BigCorp is generally better off than the janitor at TwoBitJanitors that's hired to clean BigCorp's buildings.

How is this related to the OP topic of San Francisco taxing "overpaid executives"?

The quote chain in your message clearly shows how it's related. Quit trying to derail everything you don't want to respond to!

 

[laughing dog]

I'm not talking about offshoring, just hiring out low wage functions. Hire a janitorial company rather than hire janitors.

The thing is you end up with a lot of small companies in the business and business relationships with such companies don't have the protections workers normally have. The janitor at BigCorp is generally better off than the janitor at TwoBitJanitors that's hired to clean BigCorp's buildings.

How is this related to the OP topic of San Francisco taxing "overpaid executives"?

The quote chain in your message clearly shows how it's related.

No, it did not. You derailed it yourself with your false observation about "outsourcing". Derec offered a rational and lucid explanation that connected the dots: you did not.

Quit trying to derail everything you don't want to respond to!

Asking someone to explain their reasoning is not a derail. [removed]

 

[Loren Pechtel]

The quote chain in your message clearly shows how it's related.

No, it did not. You derailed it yourself with your false observation about "outsourcing". Derec offered a rational and lucid explanation that connected the dots: you did not.

Quit trying to derail everything you don't want to respond to!

Asking someone to explain their reasoning is not a derail. [removed].

[removed]

And you still accuse me of derailing after reading Derec's post which makes it obvious I was on topic.

 

[barbos]

How about getting back to the point and addressing what we brought up about outsourcing?

I am more than fine with rich companies being forced to outsource their janitors. Seriously, why janitor salary should depend on anything other than the work done?
Investment bank janitors driving Lamborghinis? So yeah, outsource them and pay remaining workers of the core business decent salary.

 

[Loren Pechtel]

Actual result: Outsourcing will increase, harming the average worker.

WHen outsourcing increases, it has no effect on the "average" worker, since workers in the "exporting" area lose but workers in the "importing" region gain.

I strongly suspect in this instance, most companies will quickly find ways to compensate their executives without invoking the legal tripwire.

How about getting back to the point and addressing what we brought up about outsourcing?

I already made my point about outsourcing. But thanks for tacit acknowledgment of your false accusation.

The second message is the only thing I see you saying about outsourcing--and it completely misses the point that Derec and I raised--we aren't talking about offshoring or moving the jobs at all, we are talking about contracting them out to small outfits.

 

[Loren Pechtel]

The second message is the only thing I see you saying about outsourcing--and it completely misses the point that Derec and I raised--we aren't talking about offshoring or moving the jobs at all, we are talking about contracting them out to small outfits.

I am not responsible for your apparent inability to read with comprehension or poor communication skills. My first message explicitly mentions outsourcing and it is where I made my point about the average worker.

Your first message is talking about moving jobs out of the area which is obviously not possible with things like janitorial services. It's a misunderstanding, not addressing the point.

 

[Worldtraveller]

I see this as a good start.

Let's hope potential loopholes are closed or not actually available.

I've thought we need something like this for a long time, although I would change it so any company can pay the CEO whatever they want, but there is a max ratio, and that INCLUDES contractors and subcontractors to close that loophole.

 

[laughing dog]

The second message is the only thing I see you saying about outsourcing--and it completely misses the point that Derec and I raised--we aren't talking about offshoring or moving the jobs at all, we are talking about contracting them out to small outfits.

I am not responsible for your apparent inability to read with comprehension or poor communication skills. My first message explicitly mentions outsourcing and it is where I made my point about the average worker.

Your first message is talking about moving jobs out of the area which is obviously not possible with things like janitorial services. It's a misunderstanding, not addressing the point.

Services can be exported and imported. My first message had export and import in quotation marks. I addressed the point. I don't care if you don't understand it or like it, so I was done. But I respond to our false accusations and false imputations: your lack of comprehension does not necessarily indicate someone else missed your point.

 

[Loren Pechtel]

I see this as a good start.

Let's hope potential loopholes are closed or not actually available.

I've thought we need something like this for a long time, although I would change it so any company can pay the CEO whatever they want, but there is a max ratio, and that INCLUDES contractors and subcontractors to close that loophole.

That would be impossible, there are simply too many companies involved and you're asking them to give up financial details they aren't going to want to. Remember, there isn't really any difference between the janitor service they contract out with and any other service provider that handles things they don't want to handle in-house because they don't have enough work for one employee. You can't draw a line between them and decree one is an outsourced job and the other isn't.