Quote:
Originally Posted by Fiorenza
Just remember, when you subsidize the less productive people and organizations, and tax or penalize the more productive, then the more productive will either become less productive or exit the system completely. The system is then supported by less of the more productive elements and burdened with more of the less productive elements.
|
Also Fiorenza you should remember that the strength of our country has been that the US
had a large middle class base. The middle class is decreasing at the fastest rate ever. Also, the top 5% of wealth earners are increasing their incomes at the fastest rate ever.
As an American I believe that the harder you work, the more you should be rewarded. However, what is going on in corporate America today is just outrageous. When Robert Nardelli, ex-CEO of Home Depot, gets canned after 5 years for lack of performance and walks away with $210 Million - then something in this country is totally "F'ed" up! This is not an isolated event either. Even Warren Buffet say's that most high-worth individuals pay less in taxes on a percentage basis than his secretary.