Income gap

As the income gap becomes wider the cry to raise taxes on the rich becomes louder. The top 20% earn an average of $300,000 while the bottom 20% earns only $18,000. The top one percent earns $750,000. Most people see a difference between a person who starts a new business and earns a high-income vs those who work for a company and earn a big salary. The average salary for a CEO in the top 500 companies is $20 million per year. When the CEO salary is high then the underling VP’s get higher incomes. Salaries include base pay plus bonus and are tied to performance (stock price).