Archive for the ‘income’ Category

Obama Really Against Executive Perks? Give Up Air Force One

February 5, 2009

Even Donald Trump agrees with President Obama “100%” that there should be limits on executive pay and bonuses.

Tom Daschle gave new meaning to the term “Limousine Liberal.”

Now maybe we should have a government moritorioum on all those who turn in their excessive executive perks and goodies — their overpayments and bonuses by the tax deadline on April 15, 2009.

Maybe President Obama should give up his cool executive jet or his new limo, “The Beast.”

Air Force One over Mt. Rushmore.jpg

Here’s how Scott Mayerowitz of ABC sees this…. 

America’s CEOs are coming under fire these days not just for their hefty salaries but also for their use of private jets, limos with drivers and free trips to posh resorts.
But they aren’t alone in living this lavish lifestyle — the president of United States gets all these perks and more.

And unlike some of his Cabinet appointments, he doesn’t have to pay taxes on these benefits.

It might be a bit of a stretch to compare today’s corporate titans with the commander in chief, but some Wall Street bloggers clearly upset with President Obama’s attempts to rein in executive pay are doing just that.

“Some accountability needs to be put in place. We won’t have them kicking sand in the face of taxpayers any longer,” said one private equity worker on Dealbreaker.com, a Wall Street gossip site and blog.
 

Above: Donald Trump holds a driver. Photo: AP

Read the rest from ABC:
http://abcnews.go.com/Business/CEOProfi
les/Story?id=6806414&page=1

Related:
Freedom Watch Says Obama’s Promise of Transparency Really Only Partial Promise, Partial Transparency — “Worse Than Bush”
.
White House Man Most Responsible For Air Force One Scare of NY Resigns; Investigation Ongoing, Photo Released
.
Obama White House “Dysfunction”

In this photograph released by the White House, Air Force One ...

In this photograph released by the White House, Air Force One flies over the Statue of Liberty in New York, April 27, 2009.

(AP Photo/The White House)