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Joined 2 years ago
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Cake day: July 2nd, 2023

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  • No that never happens /S

    I used to work with a supplier that hired a former Monsanto executive as their CEO. When his first agenda came out I told their sales team he was an idiot and to have fun looking for a new job a few months.

    The CEO bailed after 2 years to start his own “consulting business.”

    1 year later the company lost 75% of their market share and was laying off people left and right. They are still afloat barely.

    After a couple years “consulting”, the CEO went to another company in 2023. He didn’t bounce fast enough and got caught on this one. He was fired 2 weeks ago and the company shut their doors except for a handful of staff to facilitate the firesale of the companies assets.




  • Taxes can go either way. It depends on how they were written.

    The tax code after the Great Depression allowed for massive expansion of public projects in the U.S. It was 63% for the top earners. During WW2 the top tax bracket was at 94%.

    When the boomers were all born the tax bracket was above 70% for the top earners. This high tax bracket is what fueled the creation of a large middle class, public infrastructure, schools, research, space exploration, and the massive military buildup and wars. It also acted as an effective anti-minopoly/oligarchy system because the tax system discouraged it.

    Then in the 80’s Reagan slashed the taxes for the top earners down to 28%. its never gotten above 40% since then. Most high earning companies have so many exeptions today that the real tax rate is often 0%.

    Because of it the infrastructure built during the 50’s-70’s is degrading and falling apart. Public services are declining and the middle class is shrinking as people become more impoverished.