Popular myth today asserts the belief that CEOs are earning outrageous amounts. But that’s a narrow view. Let’s look at the facts.

Imposing additional taxes on the rich sounds like a good idea and has been a very popular rallying cry among many politicians and voters. Yet, each time governments attempt to implement a wealth tax, the result is actually less tax revenue.

Today’s headlines are rife with alarm over income inequality and the widening gap between CEOs and the people who work for them. Beyond the sensationalist headlines, however, lies a more nuanced picture and it’s likely not what those on the left want to hear.