Fox New’s John Stossel furthers the GOP’s fawning love affair with the filthy rich, restating the same old litany equating grasping, plotting, even swindling, with being natural and healthy attributes of the “best and the brightest.” They actually cause an increase in employment the affable reporter states and therefore these modern day Midas’s should be revered rather than taxed. “They’ll leave the country!” he claims with that smiling and yet disapproving expression he is so good at.
First of all, they won’t if they’re actually as smart as he claims, and secondly it won’t make any difference if they do. There are ten thousand more just waiting for some additional swindling room.
CEO’s all over the industrialized world make astounding multiples of the compensation that ordinary workers make.
U.K CEO’s take 22 times what the average worker receives.
South Africa’s CEO’s take 21 times what the average worker does.
Canada’s CEO’s take $20 for every $1 dollar the people live on.
France’s CEO’s take $15
Japan’s take only $11 Nice, nice Japanese CEO’s. Pat. Pat.
And now, are you ready for this? CEO’s in the United States remove from the public’s pockets $475 for every dollar their employees earn.
Tell me again, John, how I should worry about U.S.A’s CEO’s getting taxed at 90% from here on out. Let the nations CEO’s give up all of their wealth except for three luxury homes complete with swimming pools and enough money for them, their children, and their children’s children to live in excessive comfort for their entire lives.