Americans Overwhelmingly Support Executive Pay Caps

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April 01, 2009

Americans Overwhelmingly Support Executive Pay Caps

A new Quinnipiac poll finds that American voters say by 81% to 16% margin that the government should limit executive compensation at companies receiving federal help, and say 47% to 44% that boards of directors and top managers at these companies should be forced to resign.

Support for income limits is strong among Democrats, Republicans and independent voters and in all income groups, but the call for forced resignations drops as income rises.

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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April 01, 2009