![]() |
Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
If San Francisco thinks your company pays your top executive too much money compared to the low level workers, they want to punish the company and take some of their profits...:eek :mad
Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay Quote:
...but if passed, say goodbye to even more companies...:yes :shrug |
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
This is just more stupidity from the left in Kalifornia. It's so dumb that one could almost make the case that Texas and other Republican run states are secretly pushing for laws like this to drive business out of Kalifornia and into their arms. :D
|
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
Quote:
|
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
One has to wonder if proposals such as these are an attempt to reduce the population in California so only the elite can afford to live their, and finally have the socialistic state they have been cultivating for the last 50 years.
We've got one more sibling+spouse to get out of California. They claim 4 more years to retirement and out, but I'm thinking that they might make it 2 years. They have an RV and spend a lot of time in Kansas visiting with 2 grandsons (soon to add a granddaughter). At least they have the means to exit at will since they've already sold their house. |
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
Quote:
|
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
In my case, if such taxes were invoked, I would have to get a raise to qualify.
Most small business have owners who take from the business, only what they need. I operated in that mode for over 35 years of miserliness, and finally have the success that would allow me to take a large salary. I don't. Far too many younger families depend on our business to meet their dreams. I'm not special. Contrary to public opinion, it is how many, if not most, businesses operate and thrive. Companies, like GM, who don't,,,, get taxpayer funded bailouts from the Gubmit. |
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
Quote:
|
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
Quote:
Still, I worry that the politics which have ruined the sunshine life of the average California citizen, could enter and infect the states in flyover country. Colorado, Utah, Arizona and even Texas metro areas, have succumbed. There is a concentration of wealth in all of these states and the Blue stain of Liberalism seems to follow the money. Houston, San Antonio, Dallas, Denver, Phoenix, all suffer the socialist plague. |
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
Quote:
https://calmatters.org/california-di...ax-income-gap/ San Francisco voters approved a new tax that will target businesses with the most disproportionately paid CEOs. Measure L required a simple majority to pass and was approved by 65.18% of voters Tuesday night, making San Francisco the first U.S. city to move to tax both private and public businesses based on how “overpaid” their top executives are. The measure, introduced by Supervisor Matt Haney and backed by the board, is expected to generate between $60 million and $140 million a year in general funds starting in 2022, according to an estimate by the city. Haney said he wants most of the money to be directed towards health services. |
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
Quote:
|
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
Quote:
|
Re: Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay
Quote:
|
All times are GMT -5. The time now is 11:47 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2022, vBulletin Solutions, Inc.