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I'm not sure if the tax rate is the root cause, but they certainly came close to hitting the nail on the head saying "What sucker wants to earn $10 million/year
by josho 10y ago
I'm not sure if the tax rate is the root cause, but they certainly came close to hitting the nail on the head saying "What sucker wants to earn $10 million/year at a 52.5% tax rate when you can get away with hundreds of millions in one take at just 15%?"
For decades we've valued the growth of capital over salaries, we are living the results of this policy, and need to see a reverse to a position where the result of salaries grow faster than capital.