SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. Whist who wrote (199719)11/4/2001 11:21:58 AM
From: Bald Eagle  Read Replies (1) of 769670
 
If you're paying tax in the 28% range, then you must be earning a decent salary. Do you never consider that taxing companies too much would cause even more layoffs and/or pay cuts, then less people would have to pay tax in the 28% range, because they have much less income! It is the companies in this country that create the wealth of this country. If they are taxed so much that they can't make a profit or ever expand, then everybody loses.
It used to be that 5% unemployment was considered full employment, because some people aren't looking for a job when unemployed. We are barely above that number now. The US economy is still very strong despite the temporary recession, IMHO, and I don't think we'll see unemployment go above 6%. Also, adversity makes people stronger, so being out of work for a while isn't necessarily a bad thing in the longer term.
BTW, I do agree that some CEO's are way overpaid, but I believe that's up to the shareholders of individual companies to deal with.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News