You can increase the income taxes of wealthy people considerably (specifically income taxes, not business taxes). A 50%+ marginal rate will help motivate C-level execs to opt for re-investing profits into their business rather than into buybacks of their stock to boost their own personal income. At the same time you'd be helping to provide services that will benefit the lives of the bottom 90% of the country with higher tax receipts.
Wealth inequality has been getting steadily worse in the US for decades, and moves like what Microsoft is doing only make that worse.
It’s not about poor or rich engineers, it’s about fairness. When people at the top do that, people at other organisations take a page out of their book at rinse and repeat. It’s corporate version of monkey see monkey do. And the worst affected will be on the lower side of salary scales.
onlyrealcuzzo|2 years ago
And force a company that has mostly employees in the top 2% to pay them even more? I'm not sure the average person cares.
To force them to charge less for their product?
To hire people they don't need?
What are you expecting?
petersellers|2 years ago
Wealth inequality has been getting steadily worse in the US for decades, and moves like what Microsoft is doing only make that worse.
teaearlgraycold|2 years ago
AverageDude|2 years ago
petersellers|2 years ago
xkbarkar|2 years ago