Leaked images have been circulating online of a new Toyota Land Cruiser that is obviously the upcoming 300 Series that will eventually supplant the now fourteen-year-old J200. Those with a penchant for boxy utility vehicles should be pleased, as Toyota’s longest-running model has not had its shape changed by much. There’s none of that fastback-inspired nonsense you’ll find on crossovers, the rear hatch appears to be at an almost 90-degree angle from the pavement and the front is almost as flat.
But it has received some overtly modern updates, giving a more contemporary style than the outgoing Land Cruiser despite its many facelifts. Unfortunately, we can only guess about its specifications or whether it will have a place on our market or leave the segment to the Lexus LX.
CprescottI'm sorry. There should be zero subsidies for whatever vehicle you want to buy. The automakers are lucky that even this stupid law exists.
CprescottJust what we needed - another one in that segment.
MaintenanceCostsThey're probably paid a bit more than they're worth, because relationships among boards are a bit incestuous, and the CEO always gets the benefit of the doubt among buddies. But there's no question they can add enough value to justify very high pay.The real problem is that they're not taxed enough. A mere high wage earner can have an effective federal tax rate of over 30% under some circumstances. These guys usually pay more like 10% to 15%, because they are able to structure their finances so that much income is deferred and much of the rest is capital gains. The rules around timing should be stricter, the capital gains rate higher, and they should pay the same effective tax rates as their second- and third-level reports.
CprescottNo. Whatever the company wants to pay for Executive help is up to them and their stockholders. Since they are the only ones who live this job 24/7/365, they should be well compensated. I've been a GM for decades and that is my responsibility for the same period; I cannot imagine trying to run an entire company with all of the potential snafus that arise.