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It was a promising job once
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<blockquote data-quote="slowdriver" data-source="post: 1780364" data-attributes="member: 58852"><p>I think the largest loophole of all, is the ability of corporate executives to be paid in stock, hold for a year and pay an effective rate of 20% on millions, meanwhile plowing profits otherwise used for capex into share buybacks. Thank Reagan for that one, capital gains should return to being taxed as income, because that's what it's is. It's true that the problem with socialism is you run out of other people's money at some point, and we have, Nearly 19 trillion of it due to corporate socialism. Reducing corporate taxes will only temporarily improve things, as the national debt expands exponentially. Corporations need to pay for the damage they've done, that's just the way I see it...</p></blockquote><p></p>
[QUOTE="slowdriver, post: 1780364, member: 58852"] I think the largest loophole of all, is the ability of corporate executives to be paid in stock, hold for a year and pay an effective rate of 20% on millions, meanwhile plowing profits otherwise used for capex into share buybacks. Thank Reagan for that one, capital gains should return to being taxed as income, because that's what it's is. It's true that the problem with socialism is you run out of other people's money at some point, and we have, Nearly 19 trillion of it due to corporate socialism. Reducing corporate taxes will only temporarily improve things, as the national debt expands exponentially. Corporations need to pay for the damage they've done, that's just the way I see it... [/QUOTE]
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