Businesses don't pay taxes regardless of rates or shelters. They pass the taxes on to their consumers in the guise of higher costs. Right there in Microeconomics 101.
So go ahead and demand high taxes for businesses. It'll feel good, but don't bitch about how much stuff costs when you do.
Tax breaks, no taxes and the CEOs making 500 times what their workers make. Yeah, things are doing great here in the good ole USA where the minimum wage has the lowest spending power history and the top 1% has increased their earnings by more than 200% while the middle class and poor has stagnated. Yep, lower taxes are going to help that because, well, we've lowered them so much already and look how much it's helped!
<ever feel like you're talking to morons?>
Three different issues. 1) executive pay against the will of the owners of a publicly traded company 2) Spending power of the US $. 3) Minimum wage salary and the people that think a job for kids should be a living wage for adults.
1) Neither party will break up the executive board room monopoly over executive pay decisions by passing a law that lets the owners of the company have a say in executive pay structure.
2) Spending power is down for all of us. You can thank a) our monetary policy, and b) foreign competition for the fall of the dollar. a) QE and unlimited bailouts... yeah that's the current to big to fail argument professed by both parties against the will of the voter. b) American consumers and corporate executives are profiting from the offshoring and of our jobs and illegal immigration workers that put downward pressure on wages. And neither party is willing to do a damn thing about it.
3) Minimum wage should be lower than it is. It should not be an option for adults to make a living on minimum wage jobs. Minimum wage is exactly what it says it is. If you are getting paid minimum it's because the job you are doing is barely necessary.