@planetmoney: If you pay your CEO more, you pay less in taxes #ceo #taxes #economics #LearnOnTikTok

bobert :

Is it just me or does it sound like a big Ponzi scheme?

dyl :

dude. where do you learn ALL this?? its been years now, youre so knowledgable

Sarah L (she/her) :

No, no I am not fine with this. I don’t understand why anyone needs to make as much money as many big company CEOs make. Thanks for asking!

neo_from_the_matrix :

Banks create money out of thin air and give it to billionaires as loans. It's a cartoon finance system.

Andrew :

Everything I learn just fills me with more despair.

thelastmango :

So the limit to 1 million made it worse. The illusion of fixing a problem with a built in loophole.

nabeelr :

AAANNDDDD!! this ignores the fact that income as stocks gets taxed dramatically less than income as cash. in Canada $100,000 of income as stocks gets taxed at half the rate as that same income as cash.

joshuaeull1 :

7keth4L :

NO I AM NOT FINE WITH THIS

NoxKnight :

no, but we don’t get a say in our democracy let alone economy

Movement of Thought :

What is the need for shares and stocks in a society? What role do they play?

starwarsdad :

Sounds like a job for Luigi

odiram :

I was googling around to learn more about this, and if I’m understanding it correctly it looks like the particular loophole regarding performance based pay was closed in 2018 by the TCJA, so it no longer applies to new contracts, though there is a grandfather rule allowing pre-existing contracts created prior to the act to maintain their exemptions. That act also slashed the overall corporate tax rate by 40% though, and since then the OBBBA has locked in other tax exemptions.

ChaddyWaddy83 :

People who don’t understand and think this means despair…. People like him are leading the future. They see the flaws, they understand the flaws. Thank you for your sharing, it will help future generations and create a better world.

HazyHysteria :

Thanks for this cause I’ve always wondered why it’s so high and now it all makes sense

Elenita ❤️ :

No, we’re allllllll not okay with this

DrPicklesMD :

I AM NOT FINE WITH THIS

Sureyeah :

All salaries are deducted from income, not just CEO

greatnailsgreathands :

I DO NOT CONSENT

imnotyourbud85 :

Sounds like socialism for one to me

NoNameBrand :

I am not fine with this.

Justin :

isn't all employee pay deducted from company income? it would be under wage expense on the income statement?

Tyson Blatter :

I wish your videos got way more views. The more the public knows about this the better off we are

J Churchill Morris :

As long as ceo pay is proportional to the rest of the organization. Which rarely happens but a ceos salary should never be more than 20x the base pay of

Ibzy :

my name is Luigi..and I am not fine with this