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"Any common-sense person would say that a highly paid private equity executive paying less tax than a cleaning lady or other low-paid workers can't be right," he said in 2007.
Nicholas Ferguson, chairman of SVG Capital, said "Any commonsense person would say that a highly-paid private equity executive paying less tax than a cleaning lady... can't be right".
As one private-equity manager admitted, "any commonsense person would say that a highly paid private-equity executive paying less tax than a cleaning lady or other low-paid workers can't be right".Another issue is the status of wealthy foreigners who usually enjoy tax privileges denied to domestic citizens.
As Mr Ferguson told the Financial Times:Any common sense person would say that a highly-paid private equity executive paying less tax than a cleaning lady or other low-paid workers, that can't be rightIf that doesn't sound like a boast, that may be because it wasn't.
But he is perhaps best known for comments he made in 2007 when he told the Financial Times that common sense suggested that a "highly-paid private equity executive paying less tax than a cleaning lady or other low-paid workers can't be right".
"Any common-sense person would say that a highly paid private equity executive paying less tax than a cleaning lady can't be right," Ferguson told the Financial Times.
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In this section Overview Executive pay Economy Financial markets Reprints.
Other top executives' pay fell, too.
The executives pay themselves kings' salaries.
In some instances, boards responded by reducing executives' pay.
But they may not cause chief executives' pay to fall.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com