apppro

CEOs in a Recession: At Least Someone's Getting Ahead

I'm not advocating giving it to the middle class. Hey, I'm the middle class, so I can that. What I do want is for all the insanity in our markets to stop, and the easiest and most economical way is to get people where it hurts the most: their wallets. Make it financially unpleasant for all those short term traders/traitors then they'll stop!! Or at least help cut it down, or help pay for the mess that they leave.


On Sep 25 01:27 PM man_NOT_working wrote:

> Good point Appro. If the 'sheep' of America and the politicians keep
> worshiping and allowing the greedy CEO's to get insane pay, with
> the approval of spineless boards...TAX the Crap out of them. The
> middle class has taken it hard enough since the tax breaks of the
> 80's. The rich do NOT seem to be trying to create more USA jobs...just
> mroe wealth for the CEO's.

CEOs in a Recession: At Least Someone's Getting Ahead

Everyone just doesn’t get it! Pay these people whatever the market will bear just TAX THEM UP THE YING YANG! I know that our Constitution calls for an equal tax code, but come everyone – why not tax salaries above $1,000,000 at a much higher rate? Don’t worry, these CEO’s won’t go anyway, ego and all that, they’ll just get paid more and we’ll all get more tax revenues.
BUT more importantly, we must stop all the ridiculous incomes being generated by option traders/traitors and short sellers. Why the heck these useless people get away with paying nearly ½ what the rest of us pay is insanity:

Revised Tax Rules:

1. Capital gains under <6 months - 55% tax on capital gains
2. Capital gains 6 > 12 months - 45% tax on capital gains
3. Capital gains 1 > 2 years - 35% tax on capital gains
4. Capital gains 2 > 5 years - 18% tax on capital gains
5. Capital gains 5+ years - 5% tax on capital gains
6. Most critical of all — Institute a capital gains tax of 55% on ALL short sales not directly tied to a long buy by a licensed hedge fund. I'm tired of paying for the pure shorts 3rd vacation home.