Hello Gunny2009,
Originally Posted by
Gunny2009
Taxing corporations is just a backdoor way to tax individuals.
If you raise the taxes on corporations by 30% they raise their price/fees by that much and the individual tax payer is paying the tax.
They can only raise their prices as much as the market will bear. After that they have to reduce exorbitant executive compensation. And that makes sense. I don't care how good somebody is. They are not worth 500 times the average worker. Nobody is that good. It is understandable if they are twice as valuable, even 5 times, maybe 10 or 15. But not 500.
This comparison is not referenced to the lowest paid worker. It is referenced to the AVERAGE worker. 500 times is too much. We should have a law limiting total executive compensation to a percentage of their average worker. That way, if executives want to get paid more, they have to figure out how to make the company profitable enough to raise everybody.
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