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The first step is shifting more earnings to the worker level.
The question is whether that gets done by the Corp Exec's on their terms... or by taxation.
But one way or another the balance point will swing back. It always does.
And what proposals for corporate tax changes are on the table in DC ?
NONE.
Instead they are going after the individuals.
Quite easy to change your salary contract to take less in direct income and more in indirect assets to be cashed in later over time or deferred until retirement.
What's wrong with executive getting pay more? If you think you can do better than him, you can takes his job away. I am talking about about true capitalist, not crony capitalist like Warren Buffett. Buffett advocates higher tax, but when it come to his tax, it will has to be low. Just ask Buffett's buddy Craig Jelinek.
Craig Jelinek, CEO of Costco, who was also a speaker at the DNC (Democratic National Committee) and blasting the rich for not paying enough tax. Yet, when it come to his own tax, he doesn't want to raise it. The long term capital gain tax is 15% now and next year it will go up to who know where. But one thing for sure it is will go up and on top of this, there will be a new 3.8% Obamacare surtax. So What Jelinek do? He went out to the bond market, borrow 3 billions or $3,000,000,000 and pay a special 7% dividend this month, which of course will be taxed at 15% instead of a higher rate if he pay the dividend next year.
Of, it is Jelinek, what does it has to do with Buffett???? He is our heroes. BUFFETT IS THE BOARD OF DIRECTOR OF COSTCO, WHO ALSO VOTE TO PAY OUT THE DIVIDEND NOW INSTEAD OF 2013.
We didn't bail out GM, we bailed out the UAW.
Unions got waivers for Obamacare.
Just to make sure we are on the same page, waivers do not mean opting out of ObamaCare. Rather a waiver is a temporary situation whereby health plans with lower than the required annual cap may apply for a waiver good till 2014.
Crossroads ( Carl Rowe) made a spectacle over this during the campaign and planted the seed that unions are getting blanket waivers. It did not pass the fact checkers:.
"But looking at the numbers of waivers that have been given to both union and non-union groups, we don’t see any pattern that would support a case for special treatment. The number of waivers are a small sample of all health plans, and many more waivers were given to big companies andcorporations. We looked for additional information or evidence on this point and didn’t find it."
So you are saying, you are willing to pay, $10 for a hamburger at a fast food restaurent? How many people do you think will be put out of business if unions get thier way?
Odd, I looked through those two links and nothing said anything about 88% except for you. So where did you get that number from?
Quote:
At the end of April, fully 1,372 organizations had acquired waivers out of 1,464 applicants, a figure representing about 3.1 million individuals. Of the 1,372 approvals, 342 represented health plans sponsored by unionized workplaces - 27 for union plans and another 315 for joint employer-union plans.
Unless your math is really bad, which is very possible.
So you are saying, you are willing to pay, $10 for a hamburger at a fast food restaurent? How many people do you think will be put out of business if unions get thier way?
If you double the pay then just half the number of workers you employ.
So it's a 2 hour wait to get your $1.00 burger now.
why doesn't the union invest in its members and purchase a franchise, then it can put its own money on the line and show us all how its done
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