On 7/21/2011 9:06, Warp wrote:
>    I have always wondered why companies seem to think so short-term.

Part of it is taxes. If you get paid in salary, you get like 39% tax rate. 
If you get paid in stock and you leave it sit for a year, you get a 15% tax 
rate. So the top executives ask to take their pay in stock, and then when 
they want to leave the company, they want a giant boost in stock price. This 
is how folks like Warren Buffett manage to pay less tax than their 
secretaries, percentage-wise.

I.e., the future of something long-lived like a corporation is bollixed up 
by the fact that the humans get a pay-out of company performance much 
earlier.  It's simple greed, basically.

-- 
Darren New, San Diego CA, USA (PST)
   "Coding without comments is like
    driving without turn signals."

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