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A comment on 66% Of American Corporations Pay Zero Federal Income Tax.. Parent comment

Re:66% Of American Corporations Pay Zero Federal Income Tax. by ph0rque on Monday April 20, 2009 @08:15AM (#570525)
Do you really think that the .1% of gross profits that go to a CEO makes one speck of difference in the large picture?

Interesting... do you have any citations? (I am genuinely curious, not looking to continue an argument.)

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Re:66% Of American Corporations Pay Zero Federal Income Tax. by DanielBMarkham on Monday April 20, 2009 @08:18AM (#570527)
I confess to pulling that one out of my ass.

I'd be curious to see some stats too.

But using common sense (which always isn't so good a guide) can you imagine being a board of directors that approved the CEO making 10 percent of profits? You'd have to be an idiot. (Unless he were also a founder and controlled the board)

Not that boards are very popular right now -- but I don't think they're that dumb.

I came up with that figure using an imaginary $10 Billion company paying their execs in the tens of million range, which seems reasonable to me.

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