Star Wars Creator George Lucas Says Raising Taxes on People Making Over $250,000 Won't Help Economy

Film director George Lucas of the famed “Star Wars” series said capping the salaries of CEOs at $500,000 a year as part of the $700 billion financial bailout is a decision that rests with stockholders, not with the government. Lucas also said he does not make that much money each year as a CEO, nor would he pay anyone that amount.

The highly successful movie-maker further said that President Obama’s proposal to raise taxes on people making $250,000 or more a year will not help the economy.