Political Quotes

Bill Bennett: “Will the Senator agree that might have been part of the reason why companies, in an effort to attract and hold the best…”

On the recordJuly 15, 2002
Will the Senator agree that might have been part of the reason why companies, in an effort to attract and hold the best executive talent, would have moved away from traditional compensation, that the Senator and I both understood when we were growing up and applying for jobs, and into the more esoteric area of stock options because stock options were, in fact, not deductible; whereas, good old-fashioned pay for services rendered was given a tax disadvantage as a result of the Clinton tax bill?
Said by
Bill Bennett

Editor's note · Context

Discussing the impact of tax policy on executive compensation during a Senate debate.

Share

More from Bill Bennett

Feb 21, 2010

Lord no. I mean, if there's one thing that's clear in Washington right now, it's that there's a huge difference between the parties.

transcripts.cnn.com
Jan 10, 2010

I thought it was, if not a racist comment, a way out-of-touch comment.

transcripts.cnn.com
Mar 2, 2010

I think it's bad policy to do that. I also think it's going to be very bad politics, because of the opposition.

transcripts.cnn.com
Nov 6, 2011

If Herman Cain cannot stand up to these charges, if he refuses to, then he should step out of the race. A man big enough to run for president should be big enough to have a full and candid press conference on all of this.

transcripts.cnn.com