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[QUOTE="xscrapzx"] Now I do see some of your argument, but what does it matter what a CEO makes? Who is paying the CEO exactly? The Board of Directors do. I'm so tired of people complaining what CEO makes, if the company can afford to pay a CEO, who is an employee just like anyone else is, for his duties there is nothing wrong with that or should that be seen as a negative. Believe it or not but a CEO has more stress on them then anyone in the company, so to think that they just sit there and do nothing an collect a check is completely false. A CEO or a business owner can make all that they want and I don't care if it is billions more than I or anyone for that matter. They worked their way up to get there and they deserve it. The only time I would be against it is unless they did it illegally.
Also there is a reason why that GE didn't get taxed and that is because there is not here in the U.S. for it to get taxed. Secondly rich pay taxes to, you may think not enough, but someone making 5 million a year, pays about 2 million in taxes. If you think they need to pay more, then cleary there is something wrong with the government.
xscrapzx
.... My point went completely ove ryour head.. A) No where did I say CEO's are to blame, I am pointing out that the wealth descrpency is getting worse and it is in fact HARMING our society as a whole.. Furthermore please do not tell me what you think a CEO deserves or doesn't deserve.. This has absolutely nothing to do with my point, its immaterial..
B) Furthermore no they don't our capital gains taxes being so low and the numerous loop holes, the extremely rich and businesses do not pay the actual % of taxes.. They pay far less.. We need a tax reform plain and simple.. Lower the overall taxes but get rid of loop holes and other such thing.. Its hilarious how people some how trump up Reagan as a savior when he would not be able to win the insanity tha tis the REpublican party that is now.. He raised taxes numerous time.. People need to get it through their thick skulls that our tax system is a mess..
C) Please don't come here and tell me who deserves and who doesn't deserve.. This is immaterial and it pretty much illustrates that you don't care about the problem what so ever.. This is about making a stable society in which we have a certain standard of living that every one can enjoy.. The system is endanger of collapsing in which our minimum standards are getting worse.. You seem not to understand that this "hardworking" CEO like every one else has depended off one another to make their fortunes, has depended off government regulation and protection to keep their fortunes.. This is about fixing our society.. Not trying to figure out who deserves something and who doesn't.. This is about having a minimum standard that, this supposed success of CEO's and other such things are is in fact ENDANGERING that system..
D) Finally please don't talk out of your ass, a simple google search will go over the whole GE fiasco, which large portions of it are within the US.. The US in fact gave them subsidies in the billions.. IN return GE cut jobs in the US.. In the end of the day subsidies, tax breaks etc etc.. Should not be based off baseless expectations of a hoping a compnay to do what its suppose to do.. Our government needs to make it specifically based upon RESULTS, meaning that GE could only ever get those breaks and/or subsidies if they in fact grew with in the US.
Why do the rich pay far less percentages in taxes? Because they make a boat load of money thats why. They pay more taxes in a year than me or you will probably make in the next 20 years, same goes for companies. I'm so tired of people sitting here and stating that they don't pay the same percentage, the percentage doesn't matter. Look at the figures they are paying and come back and talk to me. So you mean to tell me that GE did not pay one percentage of tax? Not even a payroll tax, you do realize that has to be the most outragious thing I have ever heard in my life. GE like any other company has cut jobs in the U.S, they aren't the only ones, also if you have losses you don't pay corporate federal income taxes which is what you are referring to. Do you not at the end of their year claim all that you can on your taxes to get a larger refund, because if you do you are a hyprocrite. GE is doing the same thing and what they are doing is not illegal. Do I think that loopholes need to be looked at? Of course, do I think that taxes should be looked as well, yes, but to sit here and say all this garbage is rediculous. Get off the GAP myth, we have now been talking about this for the past 5 years and yet the middle class is still here.Also does GE not make technologies for green energy? Is there not tax break for companies that do so?
:| I am done here, because your have no idea what your talking about.. This was when GE posted record profits.. That is, in that very same time they had gotten greater profit then ANY other time in the companies history.. Paid 0% taxes, were given subsidies AND cut jobs in the US.. Its hilarious that you are some how defending this.. Furthermore wtf does this have anything to do with how mucht hey actually pay.. THIS IS ABOUT sustaining a system we all benefit from.. You seem not to have a clue that we ALL beneift from it.. INCLUDING the rich most of all, they became rich thanks to the government and economy created, and thanks to the worker pool this used.. This isn't about who deserves what, this is about sustaining a system in which we have a minimum standard to continue being prosperous.. How can I force this into your head that the system right now is being endangered.. And thewealth gap is increasing jesus look at ANY stat.. And the middle class is SHRINKING.. THe backbone of America.. Look at any recent statistic.. Its mind boggling how ignoring you can be of this.. Its hilarious too because men like Reagan who were seen as these amazing people by the right wing would be OUSTED for their views if they were still alive and running today.. Reagan did not support this kind of platform, yet he some how is being turned into the mascot of the movement.. Its HILARIOUS.
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