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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (522469)	10/22/2009 6:30:24 AM
From: Road Walker	Read Replies (3) \| Respond to of 1579140

Here is my Fed income tax reform plan... Tax any compensation (including any perks and benefits) that are above the average of the lowest 10% of earners at a company(again with all benefits included), times 20, at 80%. So if the average total compensation of the bottom 10% is $40K, any compensation above $800K would be taxed at 80%. No deductions on the 80% part. Might want to play with the numbers, but in principle it would lower obscene executive comp and sure would put upward pressure wages and benefits at the bottom. Of course the devil is in the details... but that's the premise.