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View Poll Results: Should the U.S. rRaise Income Taxes on the Wealthy?
Yes on income over 150K 11 12.09%
Yes on Income over 250K 38 41.76%
No 39 42.86%
Maybe 3 3.30%
Voters: 91. You may not vote on this poll

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Old 04-18-2011, 06:02 PM
 
Location: Barrington, IL area
1,594 posts, read 3,058,225 times
Reputation: 4957

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I don't think any group of people should pay more or less taxes than another. We need a flat tax, where everyone across the board pays the same percentage.
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Old 04-18-2011, 06:11 PM
 
9,855 posts, read 15,211,396 times
Reputation: 5481
Quote:
Originally Posted by ovcatto View Post
Now that sounds all fine and good in some text book for first year business students but as study after study had amply demonstrated, the reality is boards
all to often fail to oversees executive compensation.

Executive Compensation Reform Vital to Restoring Trust | The Conference Board

http://www.rhsmith.umd.edu/finance/p.../Grinstein.pdf

Business & Professional Ethics for ... - Google Books

The Corporate Library Blog: CEO compensation (http://blog.thecorporatelibrary.com/blog/ceo-compensation/ - broken link)

Read The Letter Shareholders Sent Occidental: Stop CEO Ray Irani's "Lavish Payout"



I don't know how anyone could make this argument with a straight face in light of what we have seen during the recent failure of numerous financial institutions.


So you can find a few exceptions out of the tens of thousands of CEOs. Good for you. There is corruption at some point in all industries. Only the ignorant (or stupid) would assume that the poor actions of a few mean we can write off an entire group. And did you even read the links you posted? Your links PROVE MY POINT. CEO compensation rose by 27% between 2009 and 2010 according to your link. Guess how much the aggrigate NASDAQ rose between 2009 and 2010? right about 30%! So thank you for posting a link that exactly proves the point I made. Good god. Try reading the link before you post it.

And please back up your claim that CEOs do not work to increase shareholder value. You know...facts? Please do a search for corporate governance. I don't see how anyone semi-intelligent can think that a CEO does NOT work to directly add value to shareholders. Good lord. Do you actually believe what you write, or do you just blindly read liberal dishrags and re-post them here? Try actually thinking for yourself for a change.
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Old 04-18-2011, 07:02 PM
 
29,981 posts, read 42,953,749 times
Reputation: 12828
If taxes are raised they should be across the board for every segment of income earners and welfare recipients alike. Far too few proportionately pay federal taxes. Time to widen the base and let everyone have some $$ in the game. A tax good enough for one segment of society is good enough for all of society.

Its easy to vote up the taxes of a group which won't affect your bottom line directly. Not so easy the moment your pocketbook is the target of a government takeover.
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