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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Fred Levine who wrote (7773)10/28/2003 8:24:56 AM
From: robert b furman  Read Replies (1) | Respond to of 25522
 
Hi Fred,

Koslowsky was and is a crook.

I fear this party will get brushed on many well run and very conservative companies that also find this behavior disgusting.

JMHO

Bob



To: Fred Levine who wrote (7773)10/28/2003 9:44:45 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 25522
 
Fred,

I agree with you 100%.....the question is how do we rein the corporate excesses(even legal ones) in, in a capitalist free-market society?

Brian



To: Fred Levine who wrote (7773)10/28/2003 11:19:20 AM
From: Big Bucks  Read Replies (1) | Respond to of 25522
 
Fred, I hate to admit that I am saying this but the only
way to curtail CEO's from pillaging corporate profits via
their pay and benefits is to tax CEO income that is
over $2M at a 70% tax rate, that would likely insure that
they are paid somewhere less than $2M/yr in income and
benefits....there is no one worth more than that on an
annual basis for the value added. Just think what the
savings would mean to the corporate bottom line....real
profitability!!
.... CEO payscales got ludicrous after the upper income tax law was changed in '93 or '94. And then there is the absurdity of the Senate giving themselves a pay raise each of the last 5 years...
I'm not condoning raising all pay/income tax rates, but
by placing upper tax "ceilings" that create a formidable
penalty for greed and avarice at the expense of the
corporation and shareholders, everyone would benefit, IMO.
FWIW, I am pro flat tax rate for all job related salaries
up to $2M....and against inheritance taxes....
BB