It’s clear that something happened in corporate boardrooms around the 1970s and through to today, where they decided to give their CEOs massive amounts of money through salary and stock options. And why is that? Well, the fact that the top marginal tax rate had been cut in half, so more of that compensation would actually go to the individual, has to have something to do with that.
|By: David Dayen Wednesday July 11, 2012 11:50 am|
|By: Jon Walker Sunday October 2, 2011 6:35 pm|
The Supreme Court will likely rule on the Affordable Care Act in the summer of 2012, just months before the election. If they uphold the constitutionality of the law, that could be a modest political win for the Obama campaign. It would serve to undercut the Republican attack that the law was an “unconstitutional” government overreach. But I strongly disagree with Timothy Noah’s assertion that even an unfavorable Supreme Court ruling would be a political win for Obama. From The New Republic: