Thursday, September 24, 2009

Who's Next?

With all the talk out of Washington D. C. and in Hollywood about big company CEO salaries and the possibility of salary caps I wonder who is next. More in a moment.

A look to the future:
OK, we have capped the salary of all big company CEO's lets say at $500,000.00, we all know anyone can live on that; and we have taxed that income at 70%. Now we find we have a shortage of qualified, experienced CEO's. Why? Where have they gone?

I would be gone in a flash, I have the money to move and I would. After establishing an OFF SHORE corporation I would get in the lucrative consulting business, consulting in emerging countries such as China and India.

Now our tax base has diminished so the government needs a new source of revenue to support all the social programs...where do they go? The next in line are those making $250,000.00, We all know anyone can live on that. The next in line are those making $125,000.00...well you get the picture. At some point the middle class becomes the wealthy. And at some point we all become wards of the state. Could that be the goal? For what it's worth.

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