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comment by achughes
achughes  ·  3873 days ago  ·  link  ·    ·  parent  ·  post: Meet America's 100 Highest-Paid Union Bosses (hint: the 1%)

In some ways this isn't as bad as I thought it would be. If you lead a union for professional athletes getting paid hundreds of thousands of dollars I'd expect the president's salary to be comparable, and my only real issue is with the unions for laborers who aren't making nearly as much as athletes. But even then, $300-400k is a reasonable amount of money for leading a huge organization.

I am still vehemently anti-union for their ability to stagnate an industry and general failure to protect employees to the extent that they promise, but I don't find most of those salaries unreasonable for the size of their organizations.

There are plenty of non-profits paying their leaders unreasonable salaries: http://www.huffingtonpost.com/2013/04/08/10-insanely-overpai...





cliffelam  ·  3873 days ago  ·  link  ·  

I have stated before that nonprofits should be taxed as corporations when their endowment or retained monies get over a certain point - say a half billion dollars.

I think the salaries of non-profits and unions and all those other "socially responsible" organizations aren't subject to 1/10th the public pressure the chairman of GE gets. If I were in favor of fixing things through legislation I'd saddle them with the kind of "x times the lowest paid" salary cap they're in favor of hanging on public companies. But I'm not, so I won't, but it's tempting.

-XC