4 ms·
Those no salarie/$1 salarie CEOs sound oh so noble but they are usually compensated very well with stock options and so it's mostly just a facade of giving a
by coopsmgoops 6y ago
Those no salarie/$1 salarie CEOs sound oh so noble but they are usually compensated very well with stock options and so it's mostly just a facade of giving a
- rusticpenn 6y agoAs long as the stocks have value and are not depreciating.
- pintxo 6y agoGiven that capital gains are taxed at lower rates then income, its actually a tax-avoidance schema above everything else.
- stjohnswarts 6y agono it's not, unless you can point me at the CEOs receiving more options in lieu of their pay, otherwise it really is a pay cut, even if they're still getting rich, they're getting rich at a decreased rate and that is money they'll never see by taking $1 salary for the year.