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Politics : PRESIDENT GEORGE W. BUSH
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To: Mr. Whist who wrote (190945)10/11/2001 1:52:29 PM
From: TimF  Read Replies (1) of 769667
 
Flapjack, in most cases CEO pay, while high, is not so high as to represent a significant part of the cost people pay for products. If corporate taxes were reduced or eliminated then prices would go down in competitive industries. Where you have uncompetitive situations it is the lack of competition not the CEO pay that is the problem.

CEO pay is in my opinion more of a consideration for shareholders then for customers, but shareholders would also do well by lower corporate tax rates.

Also, if we taxed corporations less, we'd have to tax America's middle class more.

Or perhaps government could stop its run away spending increases...

And in the long run the lower corporate taxes would encourage more investment and growth and the larger economy would make up for the lower rates.

Tim
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