Wages of average workers trailing far behind surge in corporate profits

Amid the surge in corporate profit, many workers have faced terminated pension plans, reduced health-care benefits and rising outsourcing of jobs overseas.

The swelling earnings of business and of many top executives have become part of the debate about widening U.S. income disparities. When they take control of Congress next month, Democratic Party leaders will focus intently on those disparities, they say, and on trade agreements that some contend enrich multinational businesses while destroying American jobs.

"I'm very passionate about this, and I'm going to be joined by some people who are equally passionate," said Sen. Byron Dorgan, D-N.D. "Some reinforcements are coming."

Corporate leaders say they should not be forced to defend the profitability of their businesses.

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I agree.
Corporate leaders should not be forced to defend their profits or the unethical and often illegal activities in which they engage to acquire them.
After all, how can you defend price fixing and outsourcing and buying congressmen and other neoliberal trade practices cherished by corporate henchmen?
Instead of defending they should be taxed at a rate of 75% and pay up or face bannishment from doing business in the United States.