Quote:
Originally Posted by somerfrost
Trickle down has been proven not to work. The problem, I freely admit, is to find a way to deal with the super rich, excessive salaries is a first step...yes, I think a million a year is plenty for anyone. As I said, if you create jobs, start a new business, or create meaningful innovation, there would be no limit to profits. This concept will never gain popularity in my lifetime, or the lifetimes of my kids and grandkids...maybe someday.
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you say on one hand no limit to profits, while on the other talking about limiting salaries. you say trickle down doesn't work-so exactly what would be the point of limiting top salaries? all that money wouldn't go elsewhere, so i don't get why you're suggesting it!
like i said, the tax breaks should be to those with money who provide jobs to those who need them. not tax breaks for shelters to grow the wealth, which sits there-or pays for the likes of paris hilton. the rich are those with the means to provide jobs-the trick is to entice them to do so. cutting top salaries isn't how to do it-it's encouraging higher bottom salaries, and more of them. tax breaks for providing benefits, encouraging more employment-not making it more sensible to work the employees you have 80 hours a week to avoid paying ss, workmens comp, and other costs of hiring. it shouldnt be cheaper to pay overtime rather than to hire more, but it is. besides, i'd imagine those top salaries include stock options-start giving some of those to your employees-paying a bit more to those you have makes them happier, and more productive. congress needs to rethink job creation, and taxes.