Gone Flying

the reason that time is looked back as “the good old days” probably has a lot to do with the fact we were one of the only economies not destroyed by WW2. The 1930s and 1970s also had high tax rates on high income earners too, and that is hardly remembered for a good economy

AllYourBaseAreB

Yeah, so lets do nothing then. Oh wait you probably think cutting taxes for the rich even more will be good for the deficit and economy. Trickle trickle…. Oh wait they get paid most of their compensation in stock and pay no taxes on that?? Talk about useful idiot. We got a spending problem, absolutely. But the middle class shouldn’t be the ones with highest relative tax burden while we work on that….

RJSAviator76

Feel better now? Righteous even? Good for you! Sock it to them rich fat cats who aren't paying their "fair share..." 🤪

OK, now let's get back to reality. Middle class isn't paying the highest relative burden. You and I are - 35-37% tax bracket as high wage earner employees with effective rates being in the mid-20 percent range. The true middle class got a nice tax break, especially with much higher personal exemption.

There is nothing that stops you from starting a business and taking advantage of all the tax breaks for the corporations. In fact, the TCJA incentivizes people like you and I to start businesses. It also incentivizes large businesses to invest. Case in point, Southwest, right after TCJA was signed, placed additional order for aircraft, hired many more, and paid a grand to each employee because they no longer had to hold back as much cash for taxes. Here’s a small reminder:

https://www.cbsnews.com/news/southwe...-pay-tax-bill/

That meant more people hired, more upgrades, more good paying jobs all the way around, Boeing subsequently crapping the bed notwithstanding...

See, I personally don’t give a damn about how much CEO’s make. That’s between them and their Boards. All this rhetoric from the left is based on nothing but envy and cheap manipulation to get people to vote for them. It’s certainly not based on reality or what’s actually good for the country.

Finally, do you think the government is the good steward of our taxes? Why do you think they’re courting the people who don’t really pay any taxes with rhetoric how the billionaires and millionaires need to “pay their fair share”? Time to wake up, buddy....

Profane Kahuna

A very nice house and expensive.

But when the CEO buys the expensive house DURING CONTRACT NEGOTIATIONS, it is bad timing and optics.

I think it's great that the CEO of Boeing is finally back in the factory town.... but he is going to face consequences for the timing.

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rickair7777

Guess he could have leased or used an anonymous shell company. But I assume the deal was closing before the strike, maybe he thought the TA would fly.

Profane Kahuna

I wish him and Boeing the best of luck, but he should have been smarter about the timing.

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word302

Lol, that’s a cheap house for a CEO, especially in Seattle. The Boeing CEO is living in the PNW, that’s a good thing. I’m not really sure what you would expect him to do.

WHACKMASTER

What a crock of ____. As others have pointed out…..4 million is not a mansion in the Seattle area. Second, you’d make a terrible libertarian.

PineappleXpres

Libertarianism doesn’t solve the complex issues of society. It retreats into the thought that if everyone gets to do them, all will be fine.

And I agree, 4 mill ain’t nothing for a CEO house in a high cost of living area.

WHACKMASTER

Live and let live. What difference does it make to you that the Boeing CEO brought a 4 million dollar home in Seattle? I could make the arguement that as a ratio to his compensation it's a much more modest home than a $500,000 home that a striking worker might have brought recently (if $500,000) homes can even be found in that area.