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To: Elpasser
And if a corporation's shareholders want to spend $X million to hire the best management talent, I should be concerned because ...?

You are subsidizing that $X million. Stop corporate welfare and this problem will go away.
.
65 posted on 01/24/2007 3:23:02 PM PST by mugs99 (Don't take life too seriously, you won't get out alive.)
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To: mugs99

"You are subsidizing that $X million. Stop corporate welfare and this problem will go away."

WRONG! Taxpayers are not subsidizing anyone's compensation. That is misinformation in this article by an author who does not have a clue about basic tax law. Corporations are taxed on the profits that they get to keep. If a corporation passes part of the profit to employees as compensation, the corporation should rightly get a deduction for the compensation it paid to the employee because it did not get to KEEP that money. However, the employee pays the tax on the compensation so there is no tax avoidance or subsidy of any kind involved. Just more lies and nonsense from dumb Leftists.


67 posted on 01/24/2007 3:26:47 PM PST by Hendrix
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