Well the term means this:
something, especially a clue, that is or is intended to be misleading or distracting.
Which makes it sound like I'm trying to distract from the real problem, but I'm not. I just think most people think CEO and they think of Walmart, Ford, and Amazon. Small businesses make up the majority of our employers and our work. We can't forget them when we come up with policies. Small business are the majority.
Well you're talking about a ratio right, a pay structure where the ratio between the top and lowest paid worker is only so far apart. It's not a hypothetical situation. Ben and Jerry's is being mentioned because they tried it, because they've attempted it. Why wouldn't we not include them? We're talking about salary here... I'd suggest looking up Ben and Jerry's pay structure. It sounds like exactly what you're talking about:
In addition to them trying to adjust wages to the actual cost of living where they're at, not just the minimum federal wage, they attempted or may even still be attempting to do exactly what you're talking about, on their own... to marginal success.
Right, but this is how it starts. Great sounding plans that don't pass the muster. I mean how many people know why our healthcare system is set-up the way it is with it in the hands of employers, why benefits became such a huge part of our compensation back when... say salaries were frozen by the government but companies still wanted to compete.