Hollywood Wises Up, Slashing Pay for Big Stars

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This is a good opportunity to remember

that if America properly reinstated its high income taxes on astronomical incomes, (say 70% over $10 million a year), the excesses of the past would never have developed in the first place. That little club of $20-million-a-picture actors? Why was anyone ever paying that? If the taxes had been in place (like they used to be), you ticket-purchasers might have saved some money. A-Rod? Girls Gone Wild Guy? Home Depot CEO paid $240 million to quit? Heads of AIG, CITI, Goldman, and dozens of hedge funds that shorted YOUR stocks into the ground? WHY DO YOU LIKE OVER-PAYING THESE PEOPLE?

Muser of NM @ Apr 02, 2009 13:43:32 PM

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Luxe Life

Luxury is no longer the sole province of the elite. Upscale goods and services now target a much broader market. Kimberly Castro, deputy business editor of U.S.News & World Report, takes a look at the luxe life, from fine wines and cars to high-end real estate and wealth management. Though no elitist, Kim does admit a fondness for a bold bottle of Scout's Honor from Venge Vineyards and satiating her wanderlust in Europe.

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