this post was submitted on 01 Nov 2024
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Work Reform

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[–] [email protected] 8 points 3 weeks ago (2 children)

The people who make that kind of money don't make it through wages but other compensation.

[–] [email protected] 3 points 3 weeks ago (1 children)

Yes, so block that at a maximum rate (too)?

[–] [email protected] 6 points 3 weeks ago (3 children)

I am not an accountant but from what I know, taxing stuff like compensation in the form of stocks is pretty hard to do.

I'm not disagreeing with you, the system is just rigged in favor of very wealthy people.

[–] [email protected] 4 points 3 weeks ago (1 children)

the system is just rigged in favor of very wealthy people

I think that's the whole point we're trying to change in this discussion. 👍

[–] [email protected] 1 points 3 weeks ago (1 children)

Oh for sure, it's just going to be a really long uphill battle as long as the current liberal system is in place.

[–] [email protected] 0 points 3 weeks ago

I don't have any faith in any reform happening with wealth in any country. Money is too powerful to change anything at the top. 😔 So in that sense, a very long battle indeed. 😞

[–] [email protected] 3 points 3 weeks ago (1 children)
[–] [email protected] 1 points 3 weeks ago

You just make it illegal to compensate in this form. Problem solved.

[–] [email protected] 0 points 3 weeks ago

Which is why we need to not allow borrowing against assets to get over the maximum.