this post was submitted on 21 Mar 2024
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Tax these mother fuckers. He probably paid next to no tax on that wage. Instead he should have paid 70% in taxes at least
Fine these mother fuckers! We need legislation to limit income disparity between insiders and grunts. It needs to work on total compensation and include contract workers. Any insider making more than 15x the average or median income should have to pay 50% of the difference and that fine should increase every year it's not corrected.
Federal income tax currently maxes at 37%
Right, it should be >70% for people making this much money. This way the company will put the money into lower paying wages rather than massive single person paydays.
You most definitely pay more taxes than any of these people. They have so many tax loopholes for assets and write offs that they might even get a rebate or credit back. So they might be getting your money as well.