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Boost the Economy Part 1: Simplify the tax codes - Close tax loop holes or Government Welfare to executives.

Created by M.N. on September 03, 2012

Companies can freely choose how to compensate their workers and executives, but to the receivers all compensations are of the same type, and they should be treated as such. CEOs, top executives, and fund managers of mutual funds or private equity funds have long escaped the tax fairness.

With that simple principle, American people ask the President to propose a tax plan to level playing fields between executives and their employees. All executives’ compensations, including but not limit to stock options, stock grants, carried interest, etc (as long as they are in exchange for their works or services) are subject to personal taxable salaries like the rest of Americans. They all are subject to Medicare, Social Security and Fed income taxes!

Take back our country. Stop the tax abuse!

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