Saturday, August 7, 2010

Capping Executive Salaries

The idea behind capping top executive salaries was envy. Left-leaning politicians use that as a political ploy. After all, baseball clubs get taxpayer subsidies, on which I often comment. No politician dares to cap ballplayers’ salaries at $600,000 a year instead of the $20 million or so some make while performing at a kid’s game.

Hollywood producers get tax benefits, which attract them to certain shooting locales, so they can afford to pay their liberal actors/stars up to $20 million per flic. Some come from communities getting Federal handouts. The politicos never object to such Hollywood top-earnings.

But then Hollywood usually leans leftward.

Want to stop the idiocy. Apply the caps to Hollywood subsidies as well. That will stifle the political interest.

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