When the Rich Said No to Getting Richer - The New York Times

A half-century ago, a top automobile executive named George Romney — yes, Mitt’s father — turned down several big annual bonuses. He did so, he told his company’s board, because he believed that no executive should make more than $225,000 a year (which translates into almost $2 million today). He worried that “the temptations of success” could distract people from more important matters, as he said to a biographer, T. George Harris. This belief seems to have stemmed from both Romney’s Mormon faith and a culture of financial restraint that was once commonplace in this country.....
https://www.nytimes.com/2017/09/05/opinion/rich-getting-richer-taxes.html?action=click&pgtype=Homepage&clickSource=story-heading&module=opinion-c-col-left-region&_r=0