When asked on the CBS talk show “Face The Nation” about high CEO pay, presidential candidate and real estate billionaire Donald Trump says it’s “disgraceful” and “a complete joke.’
Donald Trump Says High CEO Pay Is A ‘Complete Joke’
“It’s disgraceful. Sometimes the boards rule but I would probably say it’s less than 10 percent; and you see these guys making enormous amounts of money. It’s a total and complete joke,” he said.
Trump also mentioned retailer Macy’s, which several months ago stopped selling his menswear line after making incendiary comments about migrants from Mexico.
“You’ll take a company like, I could say Macy’s or I could say many other companies, where they put in their friends as the head of the company and they get whatever they want,” he said.
Trump also said his tax plan, to be unveiled in the coming weeks, would cut taxes for the middle class and corporations, “but for the hedge fund guys they are going to be paying up.” He says he wants to lower the corporate tax rate to allow companies to bring money back into the country, which he says they can’t do now because that money goes towards paying taxes.
Donald Trump Says High CEO Pay Is A ‘Complete Joke’
SOURCE: FORTUNE
