Rename bonuses

Bankers and CEOs believe they rightfully earn their multi-million dollar bonuses even though research after research shows that luck, or what we call a good year, is the random cause behind a year's extremely good performance (and similarly behind a year's extremely bad one). We know CEOs will never willingly give away their multi-mullion dollar "performance" bonuses but we also know taxpayers hate to pay for them when the companies they run go under. I think the first fair step is to rename all higher than $1 million bonuses from "performance" bonuses to "lucky" bonuses. The bonuses will still be paid but it will be punishable by law to refer to them by any other name.

The big shots can't object to the name change because they will still be entitled to collect the fat paycheck. Yet they will be denied the pleasure that comes from thinking or believing that the bonus is a rightful reflection of their charisma and skills only. How's that for a start?

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