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#76
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It amazes me how people who will never earn close to $1m in the best year of their life give a crap about how such people get taxed. They have average and poor people so worked up that its just silly at this point.
I don't like how a lot of these CEO's run the company's, its all about raiding, and jumping ship before the company falls apart. I would like to see taxes jacked on such income to 1960's levels to discourage such poor behavior. If they can't take their money all out at once since they don't want to pay 70% on it, than that encourages them to run the company well as they slowly suck it out. I mean who wants a $10m bonus if Uncle Sam is going to take 70%? And why the heck should some guy making $70k a year give a crap? The sad part is the very people that get screwed out of their jobs and 401k's by these guys are the ones who very often defend their right to pay low taxes on their earnings. I'd also like to see people in the low end of the spectrum who currently don't pay, pay something. Everyone should be vested.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#77
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Quote:
It seems to me that the educational system and society in general have failed to create pie growers. I appreciate Larry's position that OWS and its offshoots do nothing to grow the pie. Hopefully it helps us understand what needs to be fixed, and determine how to fix it. I'm not going to hold my breath because it's like chasing the flu. Legislation towards parity and equity will always react to pie growers much like the next TSA restriction will be a response to the next attack. And if we manage to corral the pie growers, guess what? The pie stops growing. It's difficult to concede that there are those that already have more pie than they need. That might be my perception of them. Those folks could and probably should say that everyone else needs to be more enterprising. If wealth is a reflection of how smart, diligent and/or lucky someone is, will we next limit how smart, diligent or lucky someone can be? I can see Larry Ellison complaining to the ACLU that the government won't let him become even richer. "But there's still a couple of miles of Lake Tahoe shoreline I don't own." Sixto 87 300D |
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