Wednesday, April 13, 2011

I support The Instapundit's call for a post government employment earnings surtax.

Let's slow down the profitability of the revolving door between Wall Street and the government jobs.
I lifted this entire from Instapundit because this is an impactful change and deserves to be seen.
SO OBAMA’S PEOPLE ARE TALKING TAX INCREASES AGAIN. Here’s my
proposal: A 50% surtax on anything earned within five years after
leaving the federal government, above whatever the federal salary was.
Leave a $150K job at the White House, take a $1M job with Goldman,
Sachs, pay a $425K surtax. Some House Republican should add this to a
bill and watch the Dems react.
UPDATE: Should we also provide that salaries paid to former
government officials aren’t deductible for corporations? Or is that
going too far? I say: Put it in as a negotiating point!


I repeat I can take no credit for this suggestion but I support the idea. follow the link above to the original post.




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