Quote:
Originally Posted by woj
Companies pay top $$ to attract top talent... to most people it seems ridiculous that some CEO is making $100M, but in reality that's <1% of many companies revenues... you could triple CEO's pay, and it would still have less effect than raising tax rate by even 1 or 2%...
30 years ago you needed skills and expertise too, but now the business world is more complex, more global, the competition is more fierce, the companies are bigger, etc
while the skills of blue collar workers are exactly the same, you screw on or weld things on now exactly the same way as you did 30 years....
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You're right but then why do people say companies won't hire if taxes are raised/aren't lowered when its such a miniscule % of overall profit? To me its just another line of BS to sell the middle class into voting for things that benefit them.
And I disagree with things being the same, there aren't many of the kinds of jobs you mentioned left. Just take machine shops for example, 30 years ago it was all or mostly by hand. Now CAD is more or less the standard and you need to learn these programs before you can use them.