Sponsored Content




Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
Bandersnatch 2024
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups

NoVaMoMe 2024: 06/08/2024
Arlington, VA
Details to follow


Texas MoMe 2024: 10/18/2024-10/19/2024 Corsicana,TX
Contact Ben Had for info





















« Sunday Morning Book Thread 11-01-2020 | Main | First-World Problems...Part Trente Deux »
November 01, 2020

San Francisco Accepts New York's Challenge And Continues To Push The Envelope Of "Peak Stupid."

New York's spectacularly stupid decision to severely restrict cash bail for many crimes seemed to be the gold standard of idiotic legislation. The Law of Unintended Consequences had to go to the emergency room for treatment of raging Schadenboner.

But California would not be denied! San Francisco has raised the stakes with their solid entry into the "How can you possibly be this stupid" sweepstakes.

San Francisco Voters To Decide 'Overpaid CEO Tax'

Here is the author, who clearly was educated in California and probably dropped on his head a few too many times:

I authored Prop L, the Overpaid Executive Tax, to put a surcharge on these companies who pay their top executives millions in salaries while underpaying their workers. This will allow us to hire hundreds of health care workers, nurses, doctors and emergency responders.
Read the article and notice that the math is pathetic. A cursory calculation of "hundreds" (let's define that as 300) of workers means that the tax will have to raise about $60,000,000/year assuming $200,000/year/worker. But if the tax is 0.1% of gross receipts, then the companies exposed to the tax would need to total $60,000,000,000 in gross receipts. Yes, that is $60-billion. With a "B."

But companies actually earn far less than their gross receipts. Most of that money is plowed right back into the company for salaries and raw materials and rent and other costs of doing business. Imagine a company that has a bad year and has no profit. Are they still on the hook for that 0.1% And some industries operate on much smaller margins (supermarkets are famous for their razor-thin margins), so barely profitable businesses will actually be worse off than higher-margin segments!

Piling on additional costs during difficult times is so typical of the leftist mindset. It is simply part of their politics of division, where they cut business owners from the herd and stone them in the village square. And when that is insufficient to satisfy the mob and pay for bloated government, they will move on to new targets.

Who is next? People with more than one television? People with cars? People who are not members of a marginalized community?

Will there be toll booths at every entrance to San Francisco, where each person gives a DNA sample and is charged based on his percentage of White/European/Protestant/Jewish blood?


digg this
posted by CBD at 12:00 PM

| Access Comments




Recent Comments
garrett: ">>Virgin Rock. I think she's originally German. Sh ..."

Philip: "[i]107 We Baptists can drink alcohol...[/i] Spi ..."

tubal: "111 We Baptists can drink alcohol... Posted by: t ..."

Catch Thirty-Thr33: "There's one Harpist that does those and I can watc ..."

Way, Way Downriver [/i][/b]: "Any truth to the claim that minutes after Trump pa ..."

illiniwek: ""Guilty as hell, free as a bird" Obama's ghost ..."

Diogenes: "We Baptists can drink alcohol... Posted by: tubal ..."

OrangeEnt: "Yeah, I don't get those either. You can tell the " ..."

iHeart Radio: "There’s a podcast about people who give no s ..."

pookysgirl, Rush Baby: "Podcasts are just radio talk shows, with video. ..."

tubal: "We Baptists can drink alcohol... ..."

garrett: "I like the reaction videos done by the Classical M ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64