Not only are taxes a problem for corporations...but all the other bullshit that our country throws at them.
If any of you have ever tried to start a brick and mortar business from scratch you know what I'm talking about.
Endless fees paid to city, county, state, and federal. Endless paperwork. Endless regulations. The list just goes on and on and on.
It costs a lot of money just to buy property and to build your factory here in the U.S.
MUCH cheaper to do it in another country. And that's before the price of labor even comes into the equation.
Quote:
Originally Posted by tony286
How else are the ceos going to pay themselves 700x what the avg worker makes
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Tony brings up something that I see used in class warfare arguments.
But you know what? If I become the CEO of a gigantic multi-billion dollar corporation...you better believe I'm gonna make 700 times what a factory worker makes.
It's called freedom and capitalism. I don't begrudge anybody for making their money. And as much of it as they can. If they are smart enough to make it to the top.
What is the use of being that lowly factory worker in the first place if you can't have the dream and possibility of one day being the "boss" and making a damn fortune?
Why would anybody bust their ass to make it to the "top", if there is no "top"?
I don't get that line of reasoning.
And yes I do believe that a CEO has in most cases already proven himself and worked his way into his position. He should be paid as much as a company is willing to pay him. Not a penny more or a penny less.
Should the govt. be giving a company bailout money while a CEO makes hundreds of millions of dollars? HELL NO. That CEO shouldn't be making one thin dime during a bailout.
But when the company is turning a profit and doing well? Hell yes.
The fact that CEO's did make huge bonus money and huge salaries while the company was getting money from the govt. is...the government's fault.
But the feds didn't really see anything wrong with it. After all, they get a "taxpayer bailout" every year in the form of TAXES. And they spend it in by the TRILLIONS. So a CEO getting a few million dollars while their company was in debt just seemed natural to our thieving politicians.
They spend like drunken sailors every day while being further in debt than all of those companies put together.