JPMorgan CEO: 'No problem' paying higher taxes if used properly

  • 📰 Reuters
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

JPMorgan Chase Chief Executive Officer Jamie Dimon, who leads one of Wall Street...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

He has billions so no big deal to him however taxes are always trickle down and those in the middle always get impacted - we all know rarely used properly and mostly on social programs that tend to run out of control

how much bitcoin did them bitches stock up

The biggest problem is the responsible spending of the additional taxes. Responsible is the operative word. Please tell me how the giverment spends wisely now!

Boo the captain of the team benches his self . I'm the best player he says. I'll not contribute to my level. sounds like extortion.

This is the age old problem in regards to how the Government wastes tax money...it rarely is used properly!!! 👍🏻💰💰💰👍🏻

Who gets to decide ‘proper’? Maybe we can have a Committee of Proper, selected by “proper” people, to get redistributed $ to “proper” people!

We have to make our government accountable for our taxes just like JPM shareholders should hold Dimon accountable for its stock price. In my opinion it is easier to hold government accountable than Dimon. Agree? I dealt with JPM & it stinks compared to my broker Fidelity.

Well the govt wont ever live up to his aspirations

Me too.

Rich people's definition of improper use of tax dollars: Tax money collected and then spent on something that doesn't directly benefit me.

Because he knows it will never happen

Oh that argument again? Can we all have that say?

But JPMorgan doesn’t get to decide what “properly” is. The people do.

70% of your taxes dollars go straight to the wages/benefits/pensions and infrastructure of a well-padded bureaucratic class. Banks and corporations have the juice to tool the tax-code six-ways-from-sunday. This is a false discussion.

You don't get to decide.

Translation: ... if used on tax cuts for my business and capital gains taxes, but certainly not for services for *those* people.

What about actually paying the taxes instead of simply using loopholes and hiding his income from taxation?

He works for JPMorgan, he'll just get the money back another way.

Gee, Jaime, that's big of you.

My tax dollars fund wars, corporate welfare, CIA-backed civil wars, and tax cuts for the wealthy. The EITC is great, but why are the only people who get to define “proper” use of our tax money the ones who already benefit the most from it?

I think the executive 70% income tax should be legislatively mandated to be distributed to other employees of the firm, usually the bigger the number of employees the bigger the salary, more money for more people

There’s always an “if” or a “but” with these ppl. Listening to a banker is like reading the fine print of a mortgage doc.

The IRS accepts donations. No need to raise the tax, just voluntarily give up more if you want to.

If even the fox notices he is gettig away with too much hen snatching...we might need to reinforce.our henhouse

That's a mighty big 'IF' and we know how that (doesn't) work out

I agree. It is a scam on citizens the way our money is wasted. Yet they want more to waste. Look at Pelosi’s overseas trips and the family and alcohol bill. Just not her but that is a perfect example of government waste.

If he doesn't like it, he can move to another country.

'used properly” properly is the stumbling block - tax money creates such an irresistible trough for the greedy the lazy the corrupt

He then proceeds to break down what “properly” really means...

It just has to be used better than buying another yacht.

Taxes are never used properly

None of your business how taxes are used.

Like h3ll.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Salesforce CEO Marc Benioff calls artificial intelligence a 'new human right'At the World Economic Forum in Davos, Salesforce CEO Marc Benioff spoke about why access to artificial intelligence will become a new human right.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mark Zuckerberg once killed a goat and served it cold to Jack DorseyTwitter CEO describes one memorable meal in wide-ranging Rolling Stone interview. Maybe, just maybe he actually lives under a rock.
Source: MarketWatch - 🏆 3. / 97 Read more »

Afghanistan's CEO says U.S. has reassured on troop pulloutThe U.S. has assured Afghanistan’s government that any troop pullout would not affect the combat abilities of the remaining forces, Afghanistan’s chief executive told Reuters at wef19 More ReutersDavos coverage: That's too bad. Obama way over-stayed and sought to change an entire culture. That's not what the military is for. Maybe Afghanistan's leader, like every other country's leader, should read this. Commander Marmalade is a g.d. liar. HAHAHAHAHAHAHAHA
Source: Reuters - 🏆 2. / 97 Read more »

Man who accused late Paramount CEO of rape wants to drop his caseRovier Carrington sued Viacom in May, alleging that Brad Grey threatened to ruin his budding entertainment industry career unless Carrington had sex with him. metoo he must be a friend of edbuck
Source: latimes - 🏆 11. / 82 Read more »

JPMorgan's private bank expands business in Mexico: regional CEOJPMorgan Chase & Co's private bank is expanding in Mexico and elsewhere in ...
Source: Reuters - 🏆 2. / 97 Read more »

Ex-Theranos CEO Elizabeth Holmes says 'I don't know' 600+ times in deposition tapeselizabeth Holmes has since settled with the SEC, with no admission of wrongdoing, but is now facing up to 20 years in prison and awaiting a criminal trial. The next Steve Jobs doesn’t know?!? And you are now only reporting on this after it is 100% verified that she and all her acolytes were frauds. Bravo. Journalism. Always the answer. Just look at her face and expressions she knows!
Source: ABC - 🏆 471. / 51 Read more »

Carlos Ghosn Resigns as Renault CEO, Chairman Amid Detention in JapanRenault Chief Executive and Chairman Carlos Ghosn resigned, French Finance Minister Bruno Le Maire said. The French car maker’s board is meeting later Thursday to replace him, a move that would remove an obstacle to a sustainable relationship with Nissan Motor. It's a sad exit Carlos Ghosn is remembered as the most successful CEO of automobile industry. this generation's Lee Iacocca with money instead of cocaine.
Source: WSJ - 🏆 98. / 63 Read more »

US-China trade talks are really about 'a new world order,' says asset management CEOU.S.-China trade talks are not really about trade — 'it's about a new world order,' Investec's Hendrik du Toit said. TRUE LOVERS UNITED China doesn’t grab our attention like Russia, but there is no greater threat to Democracy in the coming years than China; between their massive debt leverage, illegal technological spying tactics, dictatorship regime, and their genocide-level treatment of their Uighur population China is set to win it.
Source: CNBC - 🏆 12. / 72 Read more »

Total's CEO names his top risk for oil markets - and it's not what you thinkIt's not the global oil supply, demand, sanctions on Iran's oil industry or political upheaval in oil producer Venezuela that Total's CEO is worried about.
Source: CNBC - 🏆 12. / 72 Read more »

Barclays CEO: We'll likely be uncertain about Brexit right down to the wireU.K. Prime Minister Theresa May's initial Brexit deal was rejected by a majority of the British parliament last week. Barclays CEO Jes Staley predicted there will not be clarity on the Brexit process until right before the March 29 deadline. In other words, the UK is in the same fucked up condition as the USA.
Source: CNBC - 🏆 12. / 72 Read more »