re: #107 Gus

re: #106 RadicalModerate

The irony of this is that we would need far less entitlement programs if wage growth kept up with income growth of the the top 1 percent. I think Walmart is a good example of this. A good majority of their workers require some form of government assistance. So in the end what do they want? Low income workers and no safety net or assistance to see their incomes rise even more through further tax cuts?

Two of the key findings from the Institute for Policy Studies’ report on the CEO Proposal:

(1) The 63 Fix the Debt companies that are publicly held stand to gain as much as $134 billion in windfalls if Congress approves one of their main proposals — a “territorial tax system.” Under this system, companies would not have to pay U.S. federal income taxes on foreign earnings when they bring the profits back to the United States.

(2) Of the 63 Fix the Debt CEOs at publicly held firms, 24 received more in compensation last year than their corporations paid in federal corporate income taxes. All but six of these firms reported U.S. profits last year.

Yes, it is ALL about their lining of their pockets.