The Boeing Company is bad news – not only do they produce fossil-fuel-using, planet-killing aircraft, they refuse to obey the unions! Sherrod Brown need only ask one question when raising someone’s taxes (are they rich?), so there’s a surplus of reasons for Boeing to pay their fair share. All the corporations that employ Americans will need to spread the wealth if we’re going to tax our way out of this $1.62 trillion 2011 budget deficit!
Now Soaking: The Boeing Company
- Reuters lists Boeing CEO W. James McNerney’s compensation as $19,740,000. McNerney has been Boeing’s CEO since 2005 in addition to serving on the boards of previous soakees IBM and Procter & Gamble, so he’s got enough money. His $19,740,000 will be much better spent by Sherrod Brown and Barack Obama!
- Boeing’s 2010 income statement lists $1,196,000,000 in corporate income taxes. Let’s take another $1,196,000,000, lest spending cuts damage the rollicking recovery Sherrod Brown and Barack Obama have started.
- All said and done, doubling Boeing’s corporate income tax and taking their CEO’s pay will reduce the 2011 U.S. budget deficit from $1,620,000,000,000 to $1,618,784,260,000.
Fear not: this punitive tax policy won’t affect the price of air travel. 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 Boeing’s 160,500 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 Boeing’s 738,000,000 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.