3 ms·
I know this won’t be appreciated on here, but I figure it should be pointed out that there exists another way. My alternate compensation formula is simple: a 10
by bbor 3y ago
I know this won’t be appreciated on here, but I figure it should be pointed out that there exists another way. My alternate compensation formula is simple: a 100% marginal tax rate above, say, $5M/y, with corresponding laws to make sure it’s not easily dodged through non-taxable compensation.
Does society really need ceos who earn many hundreds of millions? Do we care if all those people “leave the country” as the typical refrain goes? I personally say no. Let google suffer the incompetence of someone only earning a paltry 75x the average individual income in CA
- YellOh 3y agoI mean, I think outright saying that you don't care if extremely successful, powerful people leave the country (taking their skill, experience, and creations with them) is not a particularly strong rhetorical move. I quite like being in a wealthy developed nation with an abundance of well-paid jobs.
- bbor 3y agoI’m not really trying to argue politics on here, just stating an alternate view. In my opinion, google is not successful because it has a genius ceo who is more productive than a huge team of engineers. What I can say for 100% absolute certain is that they have no creations to take with them
- AlbertCory 3y agoThanks for outing yourself.
- bbor 3y agoAs… having an opinion? Not earning hundreds of millions of dollars?
- AlbertCory 3y agoas in being an extreme left-winger who's out of place in a (mostly) capitalistic society.
- bbor 3y agoThanks for the clarification, friend! I don’t think I’m an extreme left-winger (new fav term I’m gonna put that on my LinkedIn), and I don’t mind being “out of place” in a society that I think is immoral. I’m also extremely anti-fascist, anti-monarchist, anti-authoritarian, anti-censorship, anti-discrimination, etc etc etc, and living in a country that embraced one or more of those things wouldn’t change my mind just so I could fit in. I imagine you’re much the same :)
- AlbertCory 3y agoAnti-monarchist -- I wasn't aware this was an issue, in the US at least. /s I kinda liked watching the Coronation, actually.
- bbor 3y agoMostly referring to absolute/mixed monarchies like Saudi Arabia, UAE, Morocco, and of course the very worst of them all, the Vatican. Not a coronation fan myself but glad you enjoyed! I did like the pic where he was sitting in a chair (…throne?) holding two very goofy looking scepters, tho admittedly there was an element of ironic enjoyment there lol