Switzerland Proposes New Law To Link Execs' Pay With Lowest Paid Workers

[Warpy]

10. Well, Kennedy had lowered that 90% rate down to 70%, a big mistake IMO

because it allowed the wealthy some extra spending money to endow think tanks and start buying up some of the cheaper Red State congressmen. That actually prepared the country for that slick corporate pitchman, Reagan, and his tax cut snake oil. Everybody I knew did the math and knew what was going to happen because of it--pennies to working people and hundreds of thousands to the ultra rich.

The part that gets me about this Wal Mart food drive is that they're not a bit embarrassed by it. It doesn't occur to them that their employees have to eat 365 days a year and that they're not being paid enough to do that. This food drive should be a source of shame for the Waltons and their hired pit bull managers. They think it's just great.

Fortunately, the message about taxpayers subsidizing these stingy and outrageously profitable corporations is starting to become a meme. It should have happened years ago but I think we'll take what we can get. Eventually, they'll force these assholes to pay the help through a large hike in the minimum wage. At that point, the moneyed will scream about inflation. Let them.