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So, if you think that profit is the problem, how the same company could reward his boss so much that he is one of the richest person in the world? The truth is
by greatgib 5y ago
So, if you think that profit is the problem, how the same company could reward his boss so much that he is one of the richest person in the world?
The truth is that they declare artificial loss in European countries, where they get most of their revenues but would have to pay high taxes, and declare their huge profits in places like Delaware where they have tax exemptions.
- cercatrova 5y ago> So, if you think that profit is the problem, how the same company could reward his boss so much that he is one of the richest person in the world? He's not being "rewarded" as if someone is handing him sacks of cash. He's a shareholder, much as you and I might be. Most people through their 401k, if they own any amount of the total stock market index funds, are also sharedholders of Amazon. If Amazon grows and generates more revenue, the stock price grows, and thus we are "rewarded" for its growth, because we literally own part of the company. Bezos just owns a much larger share because, well, he started the company.