rbreich ,
@rbreich@masto.ai avatar

Typical pay for the 100 highest paid CEOs was over $29M last year.

Much of the compensation was tied to stock gains.

Just so happens that corporations spent ~$800 BILLION on stock buybacks, which artificially boost share prices.

Translation: CEOs are goosing their own pay.

Huntn00 ,
@Huntn00@mastodon.world avatar

@rbreich Capitalism is the problem, taxes and caps on wealth accrual is the solution, but that will never be solved until we are mostly of the same mind. 🤔

TCatInReality ,
@TCatInReality@mastodon.social avatar

@rbreich
...and why we must

wcow ,
@wcow@mastodonapp.uk avatar

@rbreich This is the way.

PJ_Evans ,
@PJ_Evans@mastodon.social avatar

@rbreich
I think the limit should be about $5 million a year. 100% tax on everything over that.

Beachbum ,
@Beachbum@mastodon.sdf.org avatar

@rbreich Crooks and Liars. has a cause.

jCarttarBrooke ,
@jCarttarBrooke@mastodon.social avatar

@rbreich
CEOs goosing their stocks with buy-backs WILL NOT CAUSE A FINANCIAL MANIPULATION BUBBLE collapse leaving common stock holders holding the bag (of near nothing)...

Now I do have some shoreline properties for you climate deniers...

  • All
  • Subscribed
  • Moderated
  • Favorites
  • •
  • random
  • test
  • worldmews
  • mews
  • All magazines
    •