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Politics : View from the Center and Left
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To: Alastair McIntosh who wrote (173153)10/6/2011 1:52:33 PM
From: Sam  Read Replies (2) of 543047
 
It isn't tax policy that constitutes "class warfare." It is, as Buffett and others have pointed out many times over the past two decades, the executives and boards of directors in corporations that have engaged in it in a variety of ways. Frank Luntz is a brilliant rhetorician who has worked extensively with Republican candidates to tell them how to frame their policies and responses to Democratic initiatives. He was one of the people who advised Republicans to talk about tax hikes as a form of "class warfare," and it has caught on. It is utter nonsense, but that doesn't make any difference to Luntz or to the people who have been trained to repeat it ad nauseum as a knee jerk response to tax increases. The phrase has become one of the stock responses of professional politicos, talking heads and "commentators" on the web alike when they are looking for something to say in opposition to tax increases. It has become a meme that just pops out of their mouths like clockwork. It is part of the much heralded Reagan Revolution.

Trends in executive pay

Chief executives at the nation’s largest corporations received $9.25 million in average total compensation in 2009, according to the AFL-CIO’s analysis of available pay data from 292 companies in the Standard & Poor’s 500 index. Although average total compensation for these CEOs declined 9 percent from the previous year, executive retirement benefits increased 23 percent.



Source: Institute for Policy Studies.

aflcio.org
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