Friday, September 19, 2008

Why I favor a "flat tax"

I know, I know, it makes me sound nuts. No, wait. Let me explain.

We, the taxpayers, are bailing a bunch of corporations out of the mess they have made for themselves. I propose that we levy a strict flat tax on the compensation and benefits for all of the corporate heads of any corporation we are bailing out. If the CEO walks away with a golden parachute valued at $53 million, why, just let that CEO deposit 90% of that with the Treasury Department.

That's all.

Pretty wise, huh?

2 comments:

Anonymous said...

well, I'm glad I read that post, after all.
I was like. HUH?

Good postings.

Anonymous said...

Makes sense to me...they need to pay the government (us) back for the money used to bail them out!