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Incentivize good behavior, deincentivize bad behavior....
I was having a very spirited conversation with a friend the other day over the whole financial crisis we find ourselves steeped in at the moment.  During the discussion he mentioned that he didn't like having the government tell people how they spend their money, ie. taxes. After our we finished our conversation I thought about the comment for a while.
The way I view taxes may be different than most.  I view taxes as my fee that I pay to be an American and to enjoy all the rights and privleges of this great country.  But beyond that I view taxes not as the government telling me how to spend my money but rather as incentivizing or deincentivizing me to spend/invest my money in a way that is beneficial to the economy as a whole, ie. home interest deductions, child tax credits, depreciation on business equipment, and other such items.
I think corporate America could go a long way in incorporating the same philosophy towards incentives for their employees.  Let's take the financial institutions as an example.
If the folks on Wall St. had incentives that were based on different metrics rather than just sales maybe we wouldn't have decisions ... more

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