• DominusOfMegadeus@sh.itjust.works
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    8 months ago

    This is wonderful. I did spot this:

    and eliminate some tax deductions for executive compensation.

    Why the fuck do tax deductions for executive compensation exist in the first place?!?!

    • silence7@slrpnk.netOP
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      8 months ago

      Companies have been allowed to treat pay as a business expense. Executive pay is pay, so they treat it as a cost of doing business.

    • ohlaph@lemmy.world
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      8 months ago

      It really shouldn’t.

      What they should do is reduce taxes on bonuses for middle and lower classes. The C-suits don’t need the tax break.

    • PoliticalAgitator@lemmy.world
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      8 months ago

      Because neoliberals have built managed democracies in every wealthy country the world over, ensuring that every election is between a blue neoliberal and a red neoliberal.