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> corporate higher-ups making millions a year from ever-rising executive salaries Yes, the vast majority of corporate executive wealth is delivered through sto
by bhupy 6y ago
> corporate higher-ups making millions a year from ever-rising executive salaries
Yes, the vast majority of corporate executive wealth is delivered through stock compensation vs cash compensation. Executive compensation can be in the millions of dollars per year, but that's nearly always in stock options[1]. The marginal income tax rate variation between WW2 and Reagan would not have changed this.
Also, the scary wealth disparity numbers you see floating around are typically attributed to the growth in wealth of BILLIONAIRES (usually ultra paper rich founders). Put simply, the GDP has grown at historic rates over the last 40 years, and the gains from that have gone to the founder-class. Most non-founder executives aren't billionaires.
[1] https://www.npr.org/sections/money/2016/02/05/465747726/-682-when-ceo-pay-exploded https://www.npr.org/sections/money/2016/02/05/465747726/-682...