A Voice of Reason:
Reed Hastings, CEO of Netflix, argues in today's New York Times' Op-Ed pages that he should be paying higher taxes. Hastings states that there is little that can be done on the part of government to limit the extremely high pay the executives at large companies receive. Bill Clinton tried to do it during his presidency, and it simply resulted in the giant bonus programs that evolved. Hastings suggests raising the tax on the huge comp packages to 50 percent. He should have added, "and close the loopholes."
Rush Limbaugh for Prez?
Apparently, the clown in the radio booth is running the Republican party, at least The New York Times' Paul Krugman seems to think so. The question then becomes will The Grand Ol' Party nominate him in 2012?
Reed Hastings, CEO of Netflix, argues in today's New York Times' Op-Ed pages that he should be paying higher taxes. Hastings states that there is little that can be done on the part of government to limit the extremely high pay the executives at large companies receive. Bill Clinton tried to do it during his presidency, and it simply resulted in the giant bonus programs that evolved. Hastings suggests raising the tax on the huge comp packages to 50 percent. He should have added, "and close the loopholes."
Rush Limbaugh for Prez?
Apparently, the clown in the radio booth is running the Republican party, at least The New York Times' Paul Krugman seems to think so. The question then becomes will The Grand Ol' Party nominate him in 2012?
Labels: Politics, The Economy
posted by Jim | 9:08 AM
0 Comments:
Post a Comment
<< Home