Goldman Sachs is reportedly considering a requirement that its 1,000 highest paid employees donate 4% of their pay to charity each year. The New York Times reports that the bank is about to give out $16.7 billion in bonuses, “bringing average pay to about $595,000 for each employee”.
What do you think? Is this an act of corporate generosity? A PR strategy? Is it the best way for the nation’s wealthy to give back? Or, would increases in taxes on high income individuals be more equitable?
You can share your thoughts by emailing nynpquestionoftheday@nynp.biz.
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