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Corporate Earnings

What should be the annual cap?

  • $100K or less

    Votes: 1 2.0%

  • $200K

    Votes: 1 2.0%

  • $500K

    Votes: 0 0.0%

  • $1M

    Votes: 2 4.0%

  • That's none of our business.

    Votes: 46 92.0%
  • Total voters
    50
  • Poll closed .
They can earn as much as they can it will just just be taxed at an increasing rate.
 
Cephus said:
Very true. These people whine incessantly about the minimum wage not being one you can live on. It's not supposed to be. It's certainly not supposed to be a wage you can raise a family on. It's supposed to be the lowest possible wage which someone can use to learn a skill and rise up the corporate ladder.
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Yep. It's a stepping stone to something bigger, even in a minimum wage job one can learn more about the company, what's expected of them, and what higher positions entail. There's always the potential for someone with drive and ambition to improve and advance.
 
Dooble said:
What's the maximum salary America's business executives should be allowed to receive?
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$100,000,000,000,000,000,000,000,000,000,000,000,000.37 That limitation should expire in 2023 to allow adjusting for inflation.
 
joko104 said:
$100,000,000,000,000,000,000,000,000,000,000,000,000.37 That limitation should expire in 2023 to allow adjusting for inflation.
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ok, in the spirit of compromise, if a cap is necessary, yours works



.... altho it may be excessive by about 37 cents
 
LaMidRighter said:
Yep. It's a stepping stone to something bigger, even in a minimum wage job one can learn more about the company, what's expected of them, and what higher positions entail. There's always the potential for someone with drive and ambition to improve and advance.
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Yet the problem is that people, especially liberals, think that anyone who has a job ought to be able to raise a huge family on it, no matter how low-skill or low-paying it is and they point to people who have years of education and usually decades of experience making a lot of money and the liberals act like all the education and experience shouldn't mean a thing, they should lose their well-deserved salaries and give it to the people who have been irresponsible and have not learned a good work ethic.

It makes no sense. People earn what they are worth. They don't deserve more because they whine about it.
 
Cephus said:
Yet the problem is that people, especially liberals, think that anyone who has a job ought to be able to raise a huge family on it, no matter how low-skill or low-paying it is and they point to people who have years of education and usually decades of experience making a lot of money and the liberals act like all the education and experience shouldn't mean a thing, they should lose their well-deserved salaries and give it to the people who have been irresponsible and have not learned a good work ethic.

It makes no sense. People earn what they are worth. They don't deserve more because they whine about it.
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any man/woman who toils for forty hours per week, doing the job they are assigned, should expect to earn a living wage for those efforts

you have clearly shown where the chasm exists between conservatives and liberals
 
justabubba said:
any man/woman who toils for forty hours per week, doing the job they are assigned, should expect to earn a living wage for those efforts

you have clearly shown where the chasm exists between conservatives and liberals
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What is a living wage? If it is above the minimum wage why isn't the DNC pushing for a raise in the minimum wage to the "living wage"?
 
Fisher said:
What is a living wage? If it is above the minimum wage why isn't the DNC pushing for a raise in the minimum wage to the "living wage"?
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a living wage is that which an employee, working full time, would realize from his employment, rather than from government subsidies, to provide the living essentials
 
justabubba said:
a living wage is that which an employee, working full time, would realize from his employment, rather than from government subsidies, to provide the living essentials
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Since I don't know what "living essentials" means to you and invite the standard of living being too damn high argument, how about just saying what you think minimum wage should be.
 
justabubba said:
any man/woman who toils for forty hours per week, doing the job they are assigned, should expect to earn a living wage for those efforts
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Says who?

you have clearly shown where the chasm exists between conservatives and liberals
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It just shows that liberals are idiots.
 
justabubba said:
any man/woman who toils for forty hours per week, doing the job they are assigned, should expect to earn a living wage for those efforts

you have clearly shown where the chasm exists between conservatives and liberals
Click to expand...

what if your skills are not sufficient to earn a "living wage" whatever that means?

some people are not worth 10 dollars an hour
 
Fisher said:
Since I don't know what "living essentials" means to you and invite the standard of living being too damn high argument, how about just saying what you think minimum wage should be.
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Usually means the average cost of food and rent in that state/province/country.
 
justabubba said:
a living wage is that which an employee, working full time, would realize from his employment, rather than from government subsidies, to provide the living essentials
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If you were to raise the minimum wage in order to pay for "essentials," the price of essentials would go up proportionally, while employment of minimum wage laborers would go down proportionately. Which still leaves your minimum wage laborer without his "essentials" and leaves other 90% of us screwed by massive inflation. Good luck with that.
 
TurtleDude said:
what if your skills are not sufficient to earn a "living wage" whatever that means?

some people are not worth 10 dollars an hour
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Lots of people aren't, that's why you start at whatever the local minimum wage is, you learn a skill, you work you way up in a company until you are earning enough to have a family or whatnot. The whole point of minimum-wage jobs is learning job skills and seniority within a company. They have never been intended to be a lifetime job and anyone who tries to spend their entire employment history working a minimum-wage job is an idiot.
 
Dooble said:
All good answers. Thanks for the input so far.
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lol

Alll good morally Christian answers - what did Jesus say about the rich passing through the eye of a needle again? Something about a camel wasnt it?

The TOP 400 income earners in the USA take home about 300 million dollars per year EACH and pay about 18% tax.

Thats about $144,000 per hour - Now what crucial work deserves that sort of renemeration? IS it more important than a scientist working on a cure for cancer? A US soldier putting his or her life on the line? A Doctor? etc

The Minimum wage in the USA is barely above $7 per hour and still these elite Plutocrats think it is way too high and effecting their profit margins.

Crush the middle class and totally obliterate the poor whilst serving these greedy socio paths that run businesses like a casino and have little regards to what damage they do socially and environmentally

THis is what the fascist US Corpocracy represents - and why it needs a violent military based imperial foreign policy to survive.

And there are many clown servant slaves that have taken the spin bait that this is really freedom and democracy

George ORwell would be spinning in his casket

(all good answers - lol)
 
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Green Balls said:
I still disagree. They should do away with golden parachutes and cap their pay. The people doing the real work that makes the company money should get paid a lot more. You'll never convince me that an executive should make the amount of money they are making. Maybe if they started breaking a sweat doing the hard work. You can put any monkey in a suit in an executive office and the company will still run itself.
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Dude it dont work that way. You've never been in business its plain to see. Not with large companies anyhow.
 
I think we should cap house and congress pay, benefits, and limit term service to no more than a president(8 years).
Serving in those places should be a chore not a perk.
 
Hard to believe my vote - placing me in the "super majority".
But for those "earning" unlimited quantities of money , there should be a tax rate, without loopholes, of say 60%.. At one time (1949), this was 90% , but with holes King Kong could stroll through !
Unfortunately, as long as its the wealthy who design the tax laws, the rich will NOT pay their "fair" share.
Its not a good idea to limit anyones income, and we do need the uber-rich..to buy the first automobiles, the first VCRs, on and on..
 
earthworm said:
Unfortunately, as long as its the wealthy who design the tax laws, the rich will NOT pay their "fair" share.
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How is charging anyone a much higher tax rate than anyone else paying their "fair share"? What about the poor? They pay nothing. Is that their "fair share"?

I think not.
 
LaMidRighter said:
That's actually how a lot of the big dogs do it. There has to be a taxable income, typically the base salary is somewhere between 100-200k plus stock options. Where the CEOs have gotten a sweet deal is the backend of the contract with guaranteed severence, that's something I'd like to see ended, if they are fired or forced to resign they should have the same exit as any other employee.
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You want to end the ability of private parties to negotiate employment contracts with corporations?
 
Klown said:
lol

Alll good morally Christian answers - what did Jesus say about the rich passing through the eye of a needle again? Something about a camel wasnt it?
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Sure was. And what did Jesus say about judging others? Blanket judging, no less. You've managed to condemn an entire tax bracket to everlasting damnation, all by yourself! What incredible judicial powers you must have, your Worship!!
 
Dooble said:
What's the maximum salary America's business executives should be allowed to receive?
Click to expand...

Wrong question.

Salary/compensation should be linked to performance. Hence the executives salary/compensation increases when the company does good, and decreases when it does not. Sadly this is not the reality of most companies these days.
 
Klown said:
lol

Alll good morally Christian answers - what did Jesus say about the rich passing through the eye of a needle again? Something about a camel wasnt it?

The TOP 400 income earners in the USA take home about 300 million dollars per year EACH and pay about 18% tax.

Thats about $144,000 per hour - Now what crucial work deserves that sort of renemeration? IS it more important than a scientist working on a cure for cancer? A US soldier putting his or her life on the line? A Doctor? etc

The Minimum wage in the USA is barely above $7 per hour and still these elite Plutocrats think it is way too high and effecting their profit margins.

Crush the middle class and totally obliterate the poor whilst serving these greedy socio paths that run businesses like a casino and have little regards to what damage they do socially and environmentally

THis is what the fascist US Corpocracy represents - and why it needs a violent military based imperial foreign policy to survive.

And there are many clown servant slaves that have taken the spin bait that this is really freedom and democracy

George ORwell would be spinning in his casket

(all good answers - lol)
Click to expand...

This is what DEMOCRATS VOTED FOR as did a majority of Americans.

1. TOTAL OPPOSITION TO PUTTING ANY CAP ON THE MAXIMUM AMOUNT OF TAX DEDUCTIONS FOR THE RICH
Obama and Democrats voted that the rich should have UNLIMITED tax deductions

2. The 1200 WEALTHIEST CORPORTIONS exempt from ObamaCare tax - including WalMart whose heirs/owners have $20 BILLION DOLLARS EACH - while even their full time employees
are paid wages below the poverty line.
Democrats supported Obama in this regards.

3. The tax cuts are NOT the "BUSH" tax cuts. Those expired. They are the Obama tax cuts. He endorsed them, urged Democrats in Congress to support them and he signed it into
law

4. For bailout money, Obama agreed the money could be used to pay massive bonuses to Executives and CEOs of those financial institutions.

5. Under Obama, there were 1,100,000 MORE millionaires created.

"The will of the people" and the "will of Obama and the Democrats." Unlimited exemptions from taxes irregardless of tax rates and massive welfare for the rich. This what people voted for so this is how it will remain and continue.
 
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