Saturday, October 31, 2009
I was listening to lou Dobbs
I was listening to Lou Dobbs the other night and he brought up the subject of the unequal pay between company workers and the Ceos ,managers and directors that sometimes get millions in salaries and bonusses. some of them make as much in one day as the workrs do in A year. That is exactly what I have beentrying to get acrost for years.We are creating A class of multi millionais and billionairs at the expence of the general public.And A very simple soloution to the problem would be what I have been recomending for years.Raise the personal incone tax on individuals one percent for every100 thousand dollars after the first 250 thousand up to 90 percent.That would take care of A lot of our problems. We could pay off the national debt and return the excess money back to the states to use for projects that would help the general public. WE could raise the tax credit on capital purchases. Then the people that are getting all this money .If they knew they were going to pay most of it out in taxes would spend it on capital purchases to expand their operations . There by creating more jobs so more people would be paying taxes and we wouldnt have to be paying out so much in unimployment benefits The country and everybody in it would benefit.The only reason we can't get this done is because we have to many rich people in washington making our laws and they make the laws to protect themselves and their rich friends that help keep them in office.My opinion by John Zilverberg
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