Fair, lets then count income tax which makes it more like $500 assuming net taxes around 40%. I'm ignoring salary increase due to stock valuation going up because it complicates things and there is equal force from both sides of the argument.
So you decide: 20,000 companies running with a CEO being paid like an average person. And every citizen gets $500 in their account per year.
Edit: its not just a CEO but the C suite. 20,000 running without a C suite.
I don't think tax is that high for that income bracket but your point still stands for the rules of the current system. I agree with your sentiment there are way better ways to redistribute wealth.
Just dont discount what several hundred bucks means to way too many people in such a prosperous country.
> So you decide: 20,000 companies running with a CEO being paid like an average person. And every citizen gets $500 in their account per year
In these contrived scenarios people will always choose the anti-CEO scenario.
You could restructure your hypothetical scenario such that the money was lit on fire instead of being paid to executives and you’d still find support from people who are just angry at executives getting paid a lot.
You might be interested in https://www.theargumentmag.com/p/giving-people-money-helped-... which talks about the studies showing low effects for just giving money to Americans. It seems like just giving people money is still unproven to have impacts to make people healthier, happier (beyond the year they start giving money), get them better jobs, or improve their children’s intellectual development. There's still hope for targeted programs, but it changed my view on blanket payments.
simianwords|6 months ago
So you decide: 20,000 companies running with a CEO being paid like an average person. And every citizen gets $500 in their account per year.
Edit: its not just a CEO but the C suite. 20,000 running without a C suite.
drunner|6 months ago
Just dont discount what several hundred bucks means to way too many people in such a prosperous country.
papascrubs|6 months ago
Aurornis|6 months ago
In these contrived scenarios people will always choose the anti-CEO scenario.
You could restructure your hypothetical scenario such that the money was lit on fire instead of being paid to executives and you’d still find support from people who are just angry at executives getting paid a lot.
Forlien|6 months ago