Winterblues
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Wed Feb-11-09 02:12 PM
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Would it be unAmerican or unCapitalistic to impose restrictions |
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Edited on Wed Feb-11-09 02:13 PM by Winterblues
upon the percentage of income a Corporate Officer or Top Management figure makes compared to an average employee. I mean in 1970 the ratio between Top Management and average employee was forty to one. In 2008 it was 366 to one. Would it be unAmerican to make it illegal for Top Management to make more than say thirty to one? Average employee makes say $50,000 a year, thirty times that would be $1.5 million. More than fair if you ask me..It certainly would be incentive to raise employee's wages.
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LostinVA
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Wed Feb-11-09 02:14 PM
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1. I think it would be a very good idea -- some countries do that already |
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I also think the CEO of Lance poses a restriction like that on himself. Between that and the way he treated the Archway Cookies employees, I give Lance a big THUMBS UP!
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cliffordu
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Wed Feb-11-09 02:14 PM
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2. Only as long as people mistake political freedom for unbridled greed and |
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unrestricted consumerist gluttony.
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blueclown
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Wed Feb-11-09 02:15 PM
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3. The only way to do it is to raise taxes on the highest earners. |
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In 1970, the tax rate was 70% on the highest earners... those who made over 200,000.
The highest tax rate needs to go up to something similar if we are to reduce the divide.
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baldguy
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Wed Feb-11-09 02:16 PM
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4. Forcing corporations to act humanely & not to exploit their employees or customers is socialism. |
BR_Parkway
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Wed Feb-11-09 02:17 PM
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5. not for ones asking for gov't bailout money - like they do "welfare queens" |
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limits on income, assets and everything else if you go do to get food stamps or any other assistance.
Why should the rules be different for corporations? Haven't they been insisting corps have personhood anyhow?
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CheshireCat
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Wed Feb-11-09 02:23 PM
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some would call it unamerican and socialistic, but who care what it is called.
A ceiling on income is the right thing to do. And while we are at it, we should set up a real safety net.
Every American should have at least 20K a year to live on. (I just use 20K as an example. Don't know what it should be.) Let some wonk come up with the details, but the policy should be that no American has less than a certain amount to live on and no American should make more than ?K a year.
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DU
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Thu Apr 25th 2024, 04:56 AM
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