The Columbus Dispatch

CEO will opt to protect own job

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Corporate CEOs justify their generous compensati­on packages by claiming their efforts increase shareholde­r value or dividends, or both. And many investors hold their feet to the fire by insisting CEOs do it every year, or they are out. With that in mind, what might a CEO do with the money from President Trump’s tax cut?

He could use the money to increase investment in new products, expand the business, and create new jobs. This might eventually increase profits, value and dividends, but like all investment­s it carries some risk. The CEO might also use the tax savings to buy back shares and increase the value of the remaining shares or to pay increased dividends.

Which plan is the safe bet? Which plan do you think conservati­ve, well-paid and risk-conscious CEOs will choose? We might have a long wait to see how many jobs Trump’s corporate tax cuts will produce. function of government to determine the wages specific Ohioans receive. While I am sympatheti­c to my fellow community members who are struggling on a day-today basis, and believe that our community can, and should, do more to raise the living standards of all central Ohioans, policies such as minimum wages do more harm than good.

Artificial­ly setting wages at certain levels disrupts the flow of inputs and outputs that make a health economy function. It leads to disruption­s in proper business developmen­t and economic expansion for those who were originally intended to benefit. Government’s role should be a series of incentives to the community for effecting real change, not setting arbitrary wage standards. Columbus

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