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  #1  
Old 12-15-2011, 10:28 AM
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U.S. CEO Pay Jumps Minimum Of 27 Percent Last Year, Survey Finds

U.S. News - 'Dismal' prospects: 1 in 2 Americans are now poor or low income

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  #2  
Old 12-15-2011, 10:33 AM
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  #3  
Old 12-15-2011, 10:34 AM
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I detest excessive pay for CEO's every bit as much as anyone. That said, they are in private industry where the government should have no say about salary levels.

Private companies generate the money that makes it's way into the government accounts through taxes. It's the only way the government can have funds.
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  #4  
Old 12-15-2011, 10:46 AM
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Quote:
Originally Posted by LarryBible View Post
I detest excessive pay for CEO's every bit as much as anyone. That said, they are in private industry where the government should have no say about salary levels.

Private companies generate the money that makes it's way into the government accounts through taxes. It's the only way the government can have funds.
The big issue to me is: we give tax breaks to companies to help them create jobs, they pocket the money and give themselves raises.

A recent survey by the NYT indicated that "small businesses" indicated that DEMAND, not tax breaks, drives hiring.

The gov't would be better off to create demand by buying fromn small businesses, especially if they hired more people to complete their contracts.
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  #5  
Old 12-15-2011, 11:03 AM
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Originally Posted by strelnik View Post
The big issue to me is: we give tax breaks to companies to help them create jobs, they pocket the money and give themselves raises.

A recent survey by the NYT indicated that "small businesses" indicated that DEMAND, not tax breaks, drives hiring.

The gov't would be better off to create demand by buying fromn small businesses, especially if they hired more people to complete their contracts.

I totally agree. That said, I go a LOT further because I don't believe that ANY company or ANY individual should be given tax breaks, tax credits, or any other subsidies in any form whatsoever. The government should not be in the business of giving away money to ANYONE!
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  #6  
Old 12-15-2011, 11:17 AM
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Originally Posted by strelnik View Post
The big issue to me is: we give tax breaks to companies to help them create jobs, they pocket the money and give themselves raises.

A recent survey by the NYT indicated that "small businesses" indicated that DEMAND, not tax breaks, drives hiring.

The gov't would be better off to create demand by buying fromn small businesses, especially if they hired more people to complete their contracts.
The other utterly sinful part of the GOP's war on the middle class is their characterization of inheritance taxes as evil "death taxes". This is unconscionable:

Six Waltons Have More Wealth Than the Bottom 30 % of Americans - Yahoo! News
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  #7  
Old 12-15-2011, 11:32 AM
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Originally Posted by JollyRoger View Post
The other utterly sinful part of the GOP's war on the middle class is their characterization of inheritance taxes as evil "death taxes". This is unconscionable:

Six Waltons Have More Wealth Than the Bottom 30 % of Americans - Yahoo! News
As usual, you use the extreme case to "prove" your point. ( Not your fault, really, most polemicists do it.)
The "death taxes" make it difficult for many families to keep the family business--whether it is a family farm ( not too many left) or other business. You prefer to see these family assets broken up and sold?
Why do you hate small and middle-sized family businesses?
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  #8  
Old 12-15-2011, 11:43 AM
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Can you tell me the dollar amount where the inheritance tax kicks in?
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  #9  
Old 12-15-2011, 11:48 AM
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The Government should only PAY for whatever is beneficial to ALL AMERICANS...security (as in the military, border control, etc.), and enforce regulations that BENEFIT ALL AMERICANS...

Nothing else.

No subsidies, or tax breaks for: nanny-state cradle-to-grave money/ponzi-schemes, no corporate/private welfare, no church/wiccan/heathen (or related) ideologies/practices.

If you need a handout, go see the folks down your street.

If you see someone that needs a handout, contribute what you can.

BUT, because Government has decided it needs to stay in power and make the little decisions in your life, you have big, expensive, lavishly appointed buildings put up by other Government wonks to placate their butts into believing they've worked so hard in their short life-span that they DESERVE to be at the top of the heap.

And we're led to believe that Saddam Hussein and Muammar Gaddafi, with their multiple-scores of palaces around their countries, was a show of extravagance on the order of obscene.

Are you kidding?

Every frickin' week, someone, somewhere, with public funding from the taxpayers, is coming up with some multi-million dollar crypt to honor themselves and their cronies and to house more Governmental wonks, whose soul purpose in life is to do nothing more than push paper and brow-beat hard-working Americans into paying higher taxes simply because the circle may be broken if they don't.

We keep putting these clowns back in office because "...they're experts and they know what they're doing..."

Did anyone EVER believe that the top-nerd in a debate class could ever make a career from speaking to a bunch of second/third (and lower) place nerds/morons?


Bend over, grab your ankles and remember...

"You only get the Government you pay for. And if you lose to the next highest bidder, whoa be unto you."
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  #10  
Old 12-15-2011, 12:06 PM
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Your way of thinking was the way things were in this country up until it led us to disaster on October 29, 1929.
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  #11  
Old 12-15-2011, 12:10 PM
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Quote:
Originally Posted by JollyRoger View Post
Your way of thinking was the way things were in this country up until it led us to disaster on October 29, 1929.
I thought that Pastor Schmoe was born in the late 40's...
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  #12  
Old 12-15-2011, 12:25 PM
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Quote:
Originally Posted by mgburg View Post
The Government should only PAY for whatever is beneficial to ALL AMERICANS...security (as in the military, border control, etc.), and enforce regulations that BENEFIT ALL AMERICANS...

Nothing else.

No subsidies, or tax breaks for: nanny-state cradle-to-grave money/ponzi-schemes, no corporate/private welfare, no church/wiccan/heathen (or related) ideologies/practices.

If you need a handout, go see the folks down your street.

If you see someone that needs a handout, contribute what you can.

BUT, because Government has decided it needs to stay in power and make the little decisions in your life, you have big, expensive, lavishly appointed buildings put up by other Government wonks to placate their butts into believing they've worked so hard in their short life-span that they DESERVE to be at the top of the heap.

And we're led to believe that Saddam Hussein and Muammar Gaddafi, with their multiple-scores of palaces around their countries, was a show of extravagance on the order of obscene.

Are you kidding?

Every frickin' week, someone, somewhere, with public funding from the taxpayers, is coming up with some multi-million dollar crypt to honor themselves and their cronies and to house more Governmental wonks, whose soul purpose in life is to do nothing more than push paper and brow-beat hard-working Americans into paying higher taxes simply because the circle may be broken if they don't.

We keep putting these clowns back in office because "...they're experts and they know what they're doing..."

Did anyone EVER believe that the top-nerd in a debate class could ever make a career from speaking to a bunch of second/third (and lower) place nerds/morons?


Bend over, grab your ankles and remember...


"You only get the Government you pay for. And if you lose to the next highest bidder, whoa be unto you."

Great Post! The government has no business handing out our tax dollars for ANYTHING beyond the things they are responsible for such as security.
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  #13  
Old 12-15-2011, 12:45 PM
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Quote:
Originally Posted by JollyRoger View Post
Your way of thinking was the way things were in this country up until it led us to disaster on October 29, 1929.
Sorry Jolly, as right as you think you are, it started a bit sooner than that.

Try December 23, 1913, with the passage of the Federal Reserve Act.

Oh, BTW, the FRA was passed by a Democratically-controlled Congress and a Democratic President, along with a lot of other crap.

There's your fly in the ointment.

Happy salving!
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M. G. Burg
'10 - Dakota SXT - Daily Ride / ≈ 172.5K
.'76 - 450SLC - 107.024.12 / < .89.20 K
..'77 - 280E - 123.033.12 / > 128.20 K
...'67 - El Camino - 283ci / > 207.00 K
....'75 - Yamaha - 650XS / < 21.00 K
.....'87 - G20 Sportvan / > 206.00 K
......'85 - 4WINNS 160 I.O. / 140hp
.......'74 - Honda CT70 / Real 125

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  #14  
Old 12-15-2011, 12:47 PM
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Quote:
Originally Posted by mgburg View Post
Sorry Jolly, as right as you think you are, it started a bit sooner than that.

Try December 23, 1913, with the passage of the Federal Reserve Act.

Oh, BTW, the FRA was passed by a Democratically-controlled Congress and a Democratic President, along with a lot of other crap.

There's your fly in the ointment.

Happy salving!

Yep, the first wave of the Progressives. Woodrow Wilson was another academic, no executive experience POTUS, pretty much the same as B.O.
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  #15  
Old 12-15-2011, 12:49 PM
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Originally Posted by JollyRoger View Post
Can you tell me the dollar amount where the inheritance tax kicks in?
Under the law signed last December, for 2010 through 2012, taxable estates exceeding 5 million dollars are subject to the US Estate Tax. There is a "portability" feature in this law, permitting couples to transfer the unused portion of the first to die to the estate of the surviving spouse.
The 5 million exemption expires Dec. 31, 2012. Then. it's anyone's guess. Elections have consequences.

A point of hairsplitting clarification JR.
There is no federal "Inheritance" tax. The proper federal term is the "Estate" tax. Some states, like mine (NJ) have an inheritance tax. Some states also, like mine, have both an "estate" and an "inheritance" tax. Here in NJ, it's two different taxes with two different histories and applications.

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