12-16-09, 07:02 PM
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#38
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Wayfaring Stranger
Join Date: Apr 2005
Location: Massachusetts
Posts: 23,256
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Quote:
Originally Posted by Aramike
Oh, and by the way, I don't think the government should impose any executive pay cap on American businesses.
Actually, I have what I believe to be a far more effective solution: repeal the Capital Gains Tax, EXCEPT from gains made from businesses who have any executive making more than $10m a year. That way, if the executive is talented enough and providing the results needed to still financially lure investors in even though they will be levied an additional tax for investing in the company, he's worth the pay. If not, investors will drop like flies FORCING the company to reduce executive pay in order to attract capital.
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I like your idea better than mine...
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