silence7@slrpnk.net to politics @lemmy.worldEnglish · 9 months agoBiden calls for broad new social programs, higher taxes on corporations and the wealthywapo.stexternal-linkmessage-square72fedilinkarrow-up1396
arrow-up1396external-linkBiden calls for broad new social programs, higher taxes on corporations and the wealthywapo.stsilence7@slrpnk.net to politics @lemmy.worldEnglish · 9 months agomessage-square72fedilink
minus-squareDominusOfMegadeus@sh.itjust.workslinkfedilinkarrow-up95·edit-29 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-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up51·9 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-squareohlaph@lemmy.worldlinkfedilinkarrow-up7·9 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-squarePoliticalAgitator@lemmy.worldlinkfedilinkarrow-up3·9 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.