Thread: PA budget
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Old 04-01-2011, 09:58 AM   #86
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
Posts: 23,401
From your own link.

Quote:
And even though CEO pay is increasing, it’s still below 2007 levels. “Given the years of pay decreasing, there’s a certain amount of catch-up to get pay back to where it was in 2007,” says Paul Hodgson of GovernanceMetrics.

Also, the rising stock market was one of the biggest drivers of CEOs’ hefty windfall in 2010

Quote:
Terry Madonna, a political scientist at Franklin and Marshall College in Lancaster, Pennsylvania, said part of the political backlash Immelt faces stems from the fact GE Capital received U.S. government debt guarantees during the financial crisis. It left the debt program in 2009.

On the tax issue, Madonna said the problem "seems to me to be inherent in the tax code."
I believe we need to severely reduce the corporate tax rate from the current 35% and eliminate a lot of the loopholes. Add to that - reductions for keeping and investing here in the US and penalizing for moving jobs elsewhere.
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