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Politics : Formerly About Advanced Micro Devices
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To: J_F_Shepard who wrote (602730)3/7/2011 5:01:45 PM
From: TimF  Read Replies (1) of 1576346
 
"Proper share of taxes" is not an issue of objective fact, its complex and subjective.

But whatever that share is or should be, is a different issue than how much they get paid by the company they work for. If the proper percentage is .01 percent or 99.9 percent (to the extent "proper percentage" has any real meaning here) you apply that rate after the compensation is determined.

the money they have accumulated is money that came from the public, all of whom are taxpayers

No it isn't. It comes from their employers. Unless their employers are working for the government or receiving government subsidies, and even in those cases the issue is whether the subsidies or government contract should be granted, not what the companies should pay their executives and managers. Once the government gives the money to the company (which isn't really the issue here anyway), its the companies money, and the companies business. The government maintains the right to not give any more in the future.

And that was assuming it really was money from the tax payers, which it is not. You argue its from the taxpayers because you don't agree with the tax treatment the manager's get. But its still from the company not the taxpayers, even if we assume for the sake of argument that the tax rate paid by the managers is "too low" and "unfair". If we assume that than it supports raising the tax rate, but not controlling the pay itself. The subsidy is still to the government, the money is flowing from the company and the managers to the government, not the other way around.
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