Originally posted by Kepler
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Completely Unwoven: Business, Economics, and Tax Policy 4.0
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by Kepler View PostThe vast majority of people living in dire poverty, and we didn't "need" an income tax until they had the vote and newspapers that espoused their views?
What an incredible coincidence!
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by FlagDUDE08 View PostAnd yet who does the income tax target? Those you're trying to protect. The wealthy CEOs receive their "pay" in stock options and other not-yet-taxable instruments."The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984
"One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir
"Good news! We have a delivery." Professor Farnsworth
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by St. Clown View PostOddly enough, that practice went into overdrive when Pres. Clinton signed into law a pay ceiling for CEOs, limiting how much cash they could be paid. Had he not done that, they would still receive more cash than stock, and the government would receive slightly more aggregated tax income.
Is that law even still on the books, BTW? Sort of like how Dodd-Frank was amended so Congress could still do insider trading?
Also, I wonder how many of these CEOs have "charities", similar to the Clinton Foundation, from which they take salary?
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by St. Clown View PostOddly enough, that practice went into overdrive when Pres. Clinton signed into law a pay ceiling for CEOs, limiting how much cash they could be paid. Had he not done that, they would still receive more cash than stock, and the government would receive slightly more aggregated tax income.
Far better for options to be on a long time scale -- no cash out for, say, 25 years. Make the CEO build a company that will last.Cornell University
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by Kepler View PostYep, and we've been regretting it ever since as it incentifies CEOs to build up the shareprice and cash out, and the hell with the future.
Far better for options to be on a long time scale -- no cash out for, say, 25 years. Make the CEO build a company that will last.
But I'm not sure the options would necessarily help. Take a look at what Mark Cuban did when Yahoo bought Broadcast.com... lots of puts to protect his money.
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Originally posted by unofan View PostIf you think that the standard of living in 19th century America was anywhere close to today's, I've got a bridge to sell you.CCT '77 & '78
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”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
- Benjamin Franklin
Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).
I want to live forever. So far, so good.
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by joecct View Post2017 is better than 1917 which was better than 1817 which was better than 1717, etc. Unless there's a plague, a collapse of civilization or a global catastrophe the standard of living will get better"The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984
"One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir
"Good news! We have a delivery." Professor Farnsworth
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by St. Clown View PostActually, fallout from the Black Plague is what created the middle class in the first place. Labor became a premium, and the lords had little choice but to increase the pay of highly skilled serfs that eventually became the merchant class.
The Middle Class was created when the Ruling Class figured out it needed healthy, educated and numerous citizens for industrialization and especially for industrialized warfare. That fueled the workers rights movements through the 19th century and then the populist movements, and finally the blossoming of the Middle Class in the 20th century.
Now that industrial labor has been superseded out by robotics, the Ruling Class no longer needs us, so we are gradually being reduced back to serfdom.
The only way anyone ever took power from the Ruling Class was coercion: either by the gun or because it was also in the cold equations of their economic necessity. The former is inherently stable, so the simplest and most effective method has always been the latter. But the problem with the latter is times change, and the fist is always there waiting to strike.
What conservatives have done for the last fifty years, some knowingly, many as dupes, is removed the chains we had briefly put on that fist, and removed our shields. They loathe democratic government because it protects everyone equally. They long for the freedom of wolves in the fold. That, for them, is "fairness."Last edited by Kepler; 01-19-2017, 11:58 AM.Cornell University
National Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Great growth you put out there, Obummer. I'm sure you're going to point the finger or resort to your fake news whine... http://www.thegatewaypundit.com/2017...te-working-on/
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by FlagDUDE08 View PostGreat growth you put out there, Obummer. I'm sure you're going to point the finger or resort to your fake news whine... http://www.thegatewaypundit.com/2017...te-working-on/
Another idiot article written by an idiot.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Mnuchin said he doesn't support returning to Glass-Steagall but said he supports a "21st century GS"
I'm interested what this means and what he proposes.Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by dxmnkd316 View PostMnuchin said he doesn't support returning to Glass-Steagall but said he supports a "21st century GS"
I'm interested what this means and what he proposes.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Originally posted by dxmnkd316 View PostMnuchin said he doesn't support returning to Glass-Steagall but said he supports a "21st century GS"
I'm interested what this means and what he proposes."The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984
"One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir
"Good news! We have a delivery." Professor Farnsworth
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