Southwest Airlines commits an unforgivable crime against the greater good each day: by offering flights around the world at discount rates, Southwest prevents Americans from riding trains! Considering America’s $1.62 trillion 2011 budget deficit, this is more than enough cause for applying Sherrod Brown’s preferred solution of severe tax hikes for large employers.
Now Soaking: Southwest Airlines
- Reuters lists Southwest CEO Gary Kelly’s compensation as $3,357,570. Mr. Kelly has worked for Southwest since 1986, so he’s got enough money. His $3,357,570 will be much better spent by Sherrod Brown and Barack Obama!
- Southwest’s 2010 income statement lists $286,000,000 in corporate income taxes. Southwest clearly didn’t pay enough, since their net income was nearly twice that amount! Let’s take another $286,000,000, lest spending cuts damage Sherrod Brown and Barack Obama’s rip-roaring economic recovery.
- All said and done, doubling Southwest’s corporate income taxes and taking their CEO’s pay will reduce the 2011 U.S. budget deficit from $1,620,000,000,000 to $1,619,710,642,430.
Fear not: sharply increasing taxes on Southwest Airlines won’t make flying more expensive… and if it does, Sherrod and Barry’s 40-mile-per-hour Express is on the way! Although a “free market” is nothing more than evil fat-cats cheating helpless saps out of money, Sheriff Sherrod’s patrolling these parts; supply, demand, risk, cost, and reward are shadows from the dark old days.
None of Southwest’s 34,901 employees will lose their jobs if Sherrod Brown and Barack Obama work their not-at-all-socialist magic. Last and least, the only funds & individuals holding any of Southwest’s 792,000,000 outstanding shares of stock who suffer will be the ones who deserve to.
We, The People who support Sherrod Brown’s fiscal policies, hold these leftist conceits to be self-evident.