Reply #54

In the discussion thread: Paul Krugman: "How far should Obama go in accommodating GOP demands? My answer is, not far at all." [View all]

Response to CindyinIndy (Reply #46)

Fri Nov 9, 2012, 03:27 PM

jmowreader (23,961 posts)

54. Not much of a solution

$1 million is the limit on deductible cash-based executive compensation. On a corporate tax return (I am posting from a phone so can't provide a link, but googling 'corporate tax return form' will get you one) there are two places for worker compensation, one for the rank and file, the other for executives. They can only deduct $1 million of an executive's pay, so very rarely will an executive earn more than $1 million cash.

Moving the top bracket to $1 million would affect entertainers, athletes and a few professionals, but not the folks we want to really go after, like Trump? Is it right to tax Jimmie Johnson the stock car driver higher than Donald Trump? Jimmie Johnson has a job that killed four people in 2000 and 2001; the only way Trump dies at work is if the thing on his head eats him.

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83 replies	Author	Time	Post
Paul Krugman: "How far should Obama go in accommodating GOP demands? My answer is, not far at all." [View all]	Hissyspit	Nov 2012	OP
My answer is, not far at all, too.	The Wielding Truth	Nov 2012	#1
Me too	Blue4Texas	Nov 2012	#3
Verily	lumpy	Nov 2012	#6
Democrats should be totally driving the bus. will obama get on board or not? stay tuned nt	msongs	Nov 2012	#2
I'm not going to hold my breath on this	naviman	Nov 2012	#4
Mr. Krugman is ABSOLUTELY FUCKING RIGHT! NO SURRENDER! n/t	LiberalElite	Nov 2012	#5
LiberalElite & Krugman are both ABSOFUCKINGLUTELY CORRRRRECT	Turborama	Nov 2012	#11
If Mr. Obama was politically ruthless, he could goad the Republicans in the House to do their worst.	Ikonoklast	Nov 2012	#7
this is basically what Clinton did	Johonny	Nov 2012	#21
How far is tooth and nail?	TheKentuckian	Nov 2012	#8
He should stretch waaaayyyy up to his left with his right hand	kenny blankenship	Nov 2012	#9
Figuratively speaking of course.	Quantess	Nov 2012	#42
haha	southern_belle	Nov 2012	#77
He sure does. In case anyone wonders about the "Ham Rove" reference:	Quantess	Nov 2012	#82
The Repubs are hurting. He should take advantage and show no quarter. nm	rhett o rick	Nov 2012	#10
PBO should draw the hard line and then say, "PLEASE PROCEED."	AmBlue	Nov 2012	#24
I hope they are listening to Dr Paul Krugman?	kentuck	Nov 2012	#12
Exactly. ENOUGH of the GOP's ideas! Where have those things gotten us? We need to cut a wide swath	We People	Nov 2012	#13
Obama doesn't have to worry about re-election. They do. Don't budge.	Viking12	Nov 2012	#14
Yep. That's it.	The Wielding Truth	Nov 2012	#18
+1	SunSeeker	Nov 2012	#25
The teabaggers don't give a shit about reelection.	joshcryer	Nov 2012	#31
Not far.	HooptieWagon	Nov 2012	#15
There's a reason why Krugman is not welcome at the White House	MannyGoldstein	Nov 2012	#16
Simpson-Bowles didn't pass and was a joke.	joshcryer	Nov 2012	#32
WTF indeed, considering he practically campaigned for Obama in his columns this year	jsr	Nov 2012	#40
Accommodate? No, spit...crush the little fascist weasels at every opportunity. nt	Zorra	Nov 2012	#17
Totally agree.	AzDar	Nov 2012	#19
In 2008 he helped the GOP off the canvas.	rudycantfail	Nov 2012	#20
Yes, but he probably will	dreamnightwind	Nov 2012	#28
He's going to do whatever he wants	rudycantfail	Nov 2012	#29
I do know this;	rudycantfail	Nov 2012	#30
That's absolutely true.	joshcryer	Nov 2012	#33
GG's opinion on a topic	rudycantfail	Nov 2012	#34
The point is that Obama's no longer naive about Republican obstructionism.	joshcryer	Nov 2012	#36
No, the point is Obama was not that naive in the first place.	rudycantfail	Nov 2012	#62
Indeed. It's not 100% that he's going to call their bluff.	joshcryer	Nov 2012	#66
Above you say that he is no longer naive	rudycantfail	Nov 2012	#68
I have to leave room for error.	joshcryer	Nov 2012	#69
First, I'm pretty sure Glenn Greenwald is a libertarian.	rudycantfail	Nov 2012	#70
Well, there are many here who agree with his position.	joshcryer	Nov 2012	#71
Problem solved!	CindyinIndy	Nov 2012	#46
Not much of a solution	jmowreader	Nov 2012	#54
KICK	patrice	Nov 2012	#22
For God's sake, The R's are authoritarian, they only respond to authority figures, NOT	grahamhgreen	Nov 2012	#23
"Fasten your seatbelts. It's going to be a bumpy night."	Honeycombe8	Nov 2012	#78
When they ask for compromise just quote Hermain Cainstein	flamingdem	Nov 2012	#26
not an inch. I don't recall Dick Cheney making deals with us. mandate baby mandate.	robinlynne	Nov 2012	#27
Bitch slap em all	dem4ward	Nov 2012	#35
Does the president read Paul Kraugman ?	outsideworld	Nov 2012	#37
That's very sad if true	dreamnightwind	Nov 2012	#57
He totally should , paul is someone he should probably appoint or make an adviser	outsideworld	Nov 2012	#73
Time for Mr. Obama to act like a president. A Democratic president.	hay rick	Nov 2012	#38
I agree 100% with Paul and I think if anyone knows what they are talking about it would be him.	Up2Late	Nov 2012	#39
Obama is done politically	quaker bill	Nov 2012	#41
I think it was Barney Frank who said last night that, if not for extreme Gerrymandering	Up2Late	Nov 2012	#56
Likely true	quaker bill	Nov 2012	#76
kick nt	Hissyspit	Nov 2012	#43
There's a problem with this, they wont have any demands all they need	Puzzledtraveller	Nov 2012	#44
yes they have demands	Enrique	Nov 2012	#48
I	John2	Nov 2012	#49
gop tactics have been discredited. More importantly, gop policies have been	wiggs	Nov 2012	#45
anybody	John2	Nov 2012	#47
Just watched Andrea Mitchell	warrprayer	Nov 2012	#50
Krugman should have a job in this administration...	Blue_Tires	Nov 2012	#51
Yes, he should. Not because of his political inclinations, but because he deals in reality.	gkhouston	Nov 2012	#53
we need to pressure Obama! eom	amborin	Nov 2012	#52
The answer is obvious	matt819	Nov 2012	#55
No. That's not running the government. That's juvenile. There's something	Honeycombe8	Nov 2012	#79
I gotta agree with Krugman. All the compromising in the world did not get	Cleita	Nov 2012	#58
He should stop reading Lincoln biographies and instead	calico1	Nov 2012	#59
Never!!!	Rex	Nov 2012	#60
Sorry Paul: Too Late	Junkdrawer	Nov 2012	#61
Impossible to compromise with people who are delusional all the time. nt	inamatteroftime	Nov 2012	#63
Why isn't this man the White House economic adviser?	DebbieCDC	Nov 2012	#64
I always thought he should have Geithner's job.	Cleita	Nov 2012	#65
DO NOT NEGOTIATE WITH TERRORISTS!	namvet73	Nov 2012	#67
Agreed. First priority is Americans, not Republicans. n/t	Beartracks	Nov 2012	#72
Not one inch	tilsammans	Nov 2012	#74
If McConnell and Boehner cooperate, they should have their	SDjack	Nov 2012	#75
Repond with a recent classic line	Baraboosma	Nov 2012	#80
Time to stand up for the 99 percent,	woo me with science	Nov 2012	#81
R-130 (nt)	Kurovski	Nov 2012	#83

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