Tags: Trump Administration | Donald Trump | Donald Trump | CEO | pay | free-enterprise | board

Trump Says High CEO Pay Is a Joke, 'Disgraceful'

Trump Says High CEO Pay Is a Joke, 'Disgraceful'
(Nicholas Kamm/AFP/Getty Images)

By    |   Sunday, 13 September 2015 12:14 PM

GOP presidential front-runner and billionaire businessman Donald Trump says CEO pay concerns him, but there is little that can be done in a free-enterprise system to cut it.

"It does bug me," Trump said during an interview Sunday on "Face the Nation."

Company boards are supposed to rein in CEO pay, but when CEO's put their friends on the board of directors, that isn't likely to happen, he said.

"That's a system that we have, and it's a shame and it's disgraceful," he said. "Sometimes the boards rule, but I would say it's probably less than 10 perecent. You see these guys making these enormous amounts of money. It's a total and complete joke."

Story continues below video.




Trump said he will revealing his tax plan within the next three weeks, and it will focus on lower taxes for the middle class while raising taxes on hedge fund managers. He said he will lower corporate taxes in a effort to lure businesses back from other countries.

"Corporations rightfully don't bring it back because they have a massive tax to pay," he said. "We've got to make it so they can bring it back. And I'll be bringing it back and we're going to have a lot of money pouring into the United States if I'm elected."

Trump was asked about his nearest rival, retired neurosurgeon Ben Carson. He said that while Carson is a "very, very nice man," he isn't a deal-maker, and wouldn't have his abilities at negotiation with other countries.

Trump dodged a question about his remarks about businesswoman Carly Fiornia's face, repeating that he meant her persona.

Host John Dickerson asked how a man who made such a remark about a fellow female employee would be treated by the human resources department of his company, but Trump focused only on what he called Fiorina's failed business leadership.

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GOP presidential front-runner and billionaire businessman Donald Trump says CEO pay concerns him, but there is little that can be done in a free-enterprise system to cut it. It does bug me, Trump said during an interview Sunday on Face the Nation. Company boards are...
Donald Trump, CEO, pay, free-enterprise, board, controls
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2015-14-13
Sunday, 13 September 2015 12:14 PM
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