Posted on 07/13/2015 5:00:26 AM PDT by lbryce
Hillary Rodham Clinton will make corporate profit sharing a key piece of her economic agenda, proposing changes in the tax code that encourage companies to boost employee compensation when earnings are robust, according to excerpts of a major campaign address she will deliver Monday.
“We need new ideas,” says a section of the text shared by her campaign. “Hard-working Americans deserve to benefit from the record corporate earnings they helped produce."
Clinton's speech lauds profit sharing that gives workers a stake in the success of their employer as a way to “boost productivity and put money directly in employees' pockets."
The proposal is part of the Democratic presidential hopeful's overall plan to narrow the income gap between the richest Americans and middle- and low-wage earners. Clinton will unveil her plan for addressing it in a speech at the New School in New York.
(Excerpt) Read more at latimes.com ...
We do not need an untouchable class who is above the law. Hillary is an untouchable.
Encouraging employers to do something is one thing. Libs don’t stop at “encouragement” though, and will follow thru with a “mandate.”
Hillary’s idea is useless and she knows it. It just sounds good to the liberal minions.
Umm.
Profit sharing isn’t a new idea...
I totally agree. The gubmint needs to stay out of it
Wouldn’t this encourage higher executive salaries and higher bond interest to avoid having to pay higher employee salary?
Yea just like the Obama plan for GM.
Steal the stocks from the people who own them and give it to the unions
If the employees invest in the company they work for then they deserve a share in the profits else they are mere employees. Corporate stock and bond holders won’t be willing to share with non investors.
I thought the stock market was were profit sharing took place?
but a unionist believes labor deserves profits distinct from ownership.
actually, labor has no share of profits
Great! So the Clinton foundation is going to share its profits and make its hard working employees rich!
There’s a new idea!
And Labor get it’s profits from it’s union members.
Anxiously awaiting her tome on risk-sharing.
Enron.
You first, Hillary. Start with giving 40% of your earnings since 2000 to charity. Hello? Hello, Hillary?
so hildebeast is all about sharing pie.... whoda thunk it
This is anecdotal, I haven’t done a study. I have noticed that about 50% of the people that are offered participation in a 401K decline to sign up, leaving 5 - 10% that the company is willing to match sitting on the table.
She has an extensive history of risking nothing and sharing in the profits doesn’t she? I think her and Bill’s grand plan is to become the first trillionaires without actually working for it.
The 80’s called. They want their Employee Stock Option plans back. How about bringing back Tuition Reimbursement?
The 80’s called. They want their Employee Stock Option plans back. How about bringing back Tuition Reimbursement?
They don't have any profits to share, as they manage near the edge, covering their expenses. First class Travel, lobster/caviar/etc, penthouse suites, slush/hush funds.
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