Yesterday I linked to a piece quoting Barney Frank suggesting that he wanted to limit all executives' pay across the entire economy. However, only the very rich pay a significant portion of our taxes right now. If we cap executives pay at, say, $500,000 per year, who will pay taxes?
Once the goose is dead, you can't have any more golden eggs, Barney.
There was another post where I quoted someone calling the Democrats "ravening parasites." There's an adjective missing in that phrase. The Democrats are, in fact, mindless ravening parasites. They're feeding off of the economic body of the nation even as they deliberately kill it.
3 comments:
"If we cap executives pay at, say, $500,000 per year, who will pay taxes"
VERY good point.
(mantles)
Perhaps the shareholders, who will either have increased dividends, or capital gain on a higher share price.
The big names pick up on this same point.. the feds will need to extract about $11B from us turnips...
http://corner.nationalreview.com/post/?q=ZWUzZGQzYzhkOTAzM2RlOGYyOTYyYTJiYTRhOWFlY2M=
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