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I think you've overlooked the fact that enriching investors IS enriching its workers, because they are generally given real stock grants upon employment, and gr
by jjtheblunt 7y ago
I think you've overlooked the fact that enriching investors IS enriching its workers, because they are generally given real stock grants upon employment, and gradually as time goes by.
This applies for countless engineers from the company past and present, whom I (as one of them) personally know.
- dcre 7y agoThe cited 2.4 million only includes 90,000 actual Apple employees.
- bin0 7y agoRight, but all the others still have jobs. That's the point of the 2.4 million: there are the ones employed directly, then those employed by suppliers, suppliers of those suppliers, etc.
- PunchTornado 7y agoyour point? the poster said that the tax cuts apple gets profit the shareholders, not the employees or workers in the supply chain. I guess you think we should all be grateful that they gave us a job. They're so good with us.
- rifung 7y ago> I think you've overlooked the fact that enriching investors IS enriching its workers, because they are generally given real stock grants upon employment, and gradually as time goes by. Only in the same sense that tax cuts benefits everyone. While technically true, the benefits disproportionately go towards those who are already better off.
- briandear 7y agoThey disproportionately go to people that pay taxes. One could argue taxes disproportionately affect people that make more because they pay higher marginal rates. A person making $200k pays a higher percentage than someone making $50k. So by definition, those making more are disproportionately affected by taxes. The government keeps more of every dollar earned from someone making more money. Not sure how that is fair. If we want fairness, everyone pays an identical rate. Making more money doesn’t mean I use more dramatically more government, so why should I pay a higher rate than people who make less? A flat tax is fair and doesn’t punish success (or failure.)
- dragonwriter 7y ago> Not sure how that is fair. Because the more money you make, the greater your ability to earn and retain that money (or the equivalent value) is dependent on the governnent and it's provision of law; in societies without substantial government, there either isn't much concentration of wealth or the people who start to gain some wealth end up spending a considerable share of it becoming a government just to protect their ability to concentrate wealth. > A flat tax is fair and doesn’t punish success Any tax with a marginal rate below 100% doesn't punish success.