About this: "CEO to average employee income was around 80:1, now it's closer to 250:1."
I think that is nearly equivalent to saying that the average company is now 4x larger. CEO pay is strongly related to the size of the company.
If this is a problem (not saying it is or isn't) then the solution would be to make companies smaller. We could break them up. Nothing else is required, certainly not income confiscation.
Something feeding this change is that companies now operate across borders more. That makes companies bigger. A trouble with breaking up large companies is that other nations might not do likewise. Nations that don't break up companies could have an advantage over those that do, with their companies having greater economy of scale.
I think that is nearly equivalent to saying that the average company is now 4x larger. CEO pay is strongly related to the size of the company.
If this is a problem (not saying it is or isn't) then the solution would be to make companies smaller. We could break them up. Nothing else is required, certainly not income confiscation.
Something feeding this change is that companies now operate across borders more. That makes companies bigger. A trouble with breaking up large companies is that other nations might not do likewise. Nations that don't break up companies could have an advantage over those that do, with their companies having greater economy of scale.