Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by chasebro on Monday July 26, 2021 @01:49PM
(#27962603)
Bezos is no more “Amazon” than the president is “the United States”. We’d still have all those companies if their executives had to pay more in taxes.
Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by adolph on Monday July 26, 2021 @01:58PM
(#27962756)
The parent comment didn't mention Bezos. Since the majority of individual wealth created by Amazon is reflected in the price of Amazon stock, then taxing executive salary would have the likely effect of shifting more compensation to stock grants, etc.
Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by kazen44 on Monday July 26, 2021 @01:49PM
(#27962595)
did they? does jeff bezos spend his wealth efficiently by launching himself into space for a billionare popularity contest?
all that money could have been invested into people who actually spend it in the economy, instead of hoarding all that excess wealth.
Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by rscoots on Monday July 26, 2021 @02:06PM
(#27962868)
Lol where do you think the vast majority of the money went to? American aerospace engineers' paychecks.
Although I think they should probably be taxed more, those hyper billionaires tend to give huge amounts to charity too. And it's not always for shamefully self-serving/partisan purposes such as Bezos propping up the Washington Post.
Amazon, Walmart, and Microsoft have added tremendous value to the world.