@silence7@slrpnk.net to politics @lemmy.worldEnglish • 4 months agoBiden calls for broad new social programs, higher taxes on corporations and the wealthywapo.stmessage-square74fedilinkarrow-up1395
arrow-up1395external-linkBiden calls for broad new social programs, higher taxes on corporations and the wealthywapo.st@silence7@slrpnk.net to politics @lemmy.worldEnglish • 4 months agomessage-square74fedilink
minus-squareDominusOfMegadeuslinkfedilink95•edit-24 months agoThis is wonderful. I did spot this: and eliminate some tax deductions for executive compensation. Why the fuck do tax deductions for executive compensation exist in the first place?!?!
minus-square@silence7@slrpnk.netOPlinkfedilink51•4 months agoCompanies have been allowed to treat pay as a business expense. Executive pay is pay, so they treat it as a cost of doing business.
minus-square@ohlaph@lemmy.worldlinkfedilink7•4 months agoIt really shouldn’t. What they should do is reduce taxes on bonuses for middle and lower classes. The C-suits don’t need the tax break.
minus-square@PoliticalAgitator@lemmy.worldlinkfedilink3•4 months agoBecause neoliberals have built managed democracies in every wealthy country the world over, ensuring that every election is between a blue neoliberal and a red neoliberal.
This is wonderful. I did spot this:
Why the fuck do tax deductions for executive compensation exist in the first place?!?!
Companies have been allowed to treat pay as a business expense. Executive pay is pay, so they treat it as a cost of doing business.
It really shouldn’t.
What they should do is reduce taxes on bonuses for middle and lower classes. The C-suits don’t need the tax break.
Because neoliberals have built managed democracies in every wealthy country the world over, ensuring that every election is between a blue neoliberal and a red neoliberal.