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View Diary: "Fix the Debt" CEOs Enjoy Taxpayer-Subsidized Pay (108 comments)

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  •  To be honest, the only subsidy is (6+ / 0-)

    going from the corporation and CEO to Uncle Sam. Because every incremental dollar of CEO pay is resulting in additional tax revenue to the government (due to higher individual tax rates relative to corporate rates). The article actually has got the whole thing backwards, if anything.

    •  bahaha (1+ / 0-)
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      aliasalias

      this is absolutely hilarious.

      corporate effective taxes are so low (% of gdp, compared w past), and numerous corporations actually pay zero or negative taxes.

      and you're managing, with a seemingly straight non-ironic demeanor, to paint exorbitant CEO pay as being a subsidy from corporations to Uncle Sam?!?!?!

      i'm trying to contain my laughter.

      of course corporations are subsidized by we the people. they pay abnormally low taxes historically, while working class individuals have seen higher payroll taxes recently and regressive spending cuts.

      so yes, we are subsidizing all corporate rent-seeking behavior, which includes insane CEO pay, because they get away with paying lower taxes than they should be, and have systematically rigged the tax code for decades now to benefit the plutocrats.

      and why is a healthcare CEO getting such a bonus? that's right, Obamacare's big wet kiss to the medical industrial complex...

      but go on, tell us how the corporations are subsidizing us and we're just so lucky to let them do this to us.

      Deficits don't matter, jobs do.

      by aguadito on Thu May 02, 2013 at 11:05:29 AM PDT

      [ Parent ]

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