[Winona Online Democracy] An off line question was asked about excessive pay for corporate heads and a freeze for them ---
Leaders, lead by example and the idea of those leading setting an example Would be good. Instead of a freeze excessive corporate salaries should be rolled back 5-10 % resulting in higher income taxes being paid by their employing corporations. Increased corporate profits should increase dividends for pension fund investors, individual investor dividend income and should also increases the value of their stock. While the tax collections may not yield increases (the corporate executive goes down, the corporation taxes go up, the pension fund is exempt and the increase stock value yields nothing until sold). The leadership model they would provide would reinforce the idea that controlling cost is as important and sometimes more important than as increasing sales or taxes. The reward for their co-workers is stable employment as well as providing their boss, the owners(stockholders) with a return on the capital that exceeds the risk afforded by parking their investments in Government Bonds, Bank CD's or stuffing it under the mattress. Paul Double [EMAIL PROTECTED] ____________________________________________________________________________ ____________________ >A. How much money would be saved by each local unit of government if a >salary freeze were implemented by the state for one year? > >B. If my memory serves me right, each one percent represents in WAPS >about $160,000 > Assuming state aide to K-12 education stays the same what would that >do the cash balances on hand one year later? > >C. Also the same question is asked for WSU and SE Technical and if frozen >would there be any need for tuition increases? > > >Paul Double >[EMAIL PROTECTED] > __________________________________________________________________ The NEW Netscape 7.0 browser is now available. Upgrade now! http://channels.netscape.com/ns/browsers/download.jsp Get your own FREE, personal Netscape Mail account today at http://webmail.netscape.com/ _______________________________________________ This message was posted to Winona Online Democracy All messages must be signed by the senders actual name. No commercial solicitations are allowed on this list. To manage your subscription or view the message archives, please visit http://mapnp.mnforum.org/mailman/listinfo/winona Any problems or suggestions can be directed to [EMAIL PROTECTED]
