Not a CEO? O, U deserve to pay the taxes on their perqs!
From Jim Hightower's blog, I learn that the highly-compensated officers of corporate America's fiefdoms have discovered a way to ease the pain of having to pay taxes on their company-furnished jet plane rides, country club memberships, and the like. They're passing the buck to the shareholders.
You got shareholders? Too bad for you 'cause now you gotta buy your own plane tickets, pay the government fees and the fuel surcharges yourself -- and, oh, yeah: if your job reimburses you, uh, there's nobody to double-dip for tax relief from. So you only get to not-quite-break even, instead of piling on additional monetary benefits.
Got a 401K? Congratulations. You're helping pay the taxes for all those seven-figure-a-year officers' perquisites. Don't you feel so much smarter now, because you're in control of your own investments and retirement security?
I don't have a company jet to ride. My job doesn't furnish me with a discount, let alone a membership, to the university's rec center, never mind the prestigious new golf club/course built at the behest of the donor whose name is now attached to the MBA school.
Like the environment in West Texas needs, or can support, a golf course; but they built one that "could rival the Byron Nelson course" and they water it as if this was Dallas -- and the range-and-wildlife program, which used to use those 60 acres as part of its nationally-ranked research facilities? They're just s-o-l, buddy. Shoulda had a richer donor somewhere, I guess.
It seems to me that not only can we not afford the rich any more, we can't afford their tax lawyers.
Avarice wrecks everything.