Why don’t we have a maximum wage? Asking that question is another way of asking why some people can rake in millions while others struggle to earn enough
In a very real sense the money doesn’t even exist. It’s the worth of their holdings… Which for some reason they can often borrow against… that adds the extra 2 or 3 zeros.
Yeah, that’s why I specifically mentioned dividends. A lot of executives are also paid bonuses on their salaries based on stock performance, so they can “double dip” in these cases too. This is on top of lobbying for deregulation.
Must be great to not have to worry about money and be able to simply fire other people if it ever becomes a concern; it just further goes to show that these people don’t actually add value to even their own companies.
In a very real sense the money doesn’t even exist. It’s the worth of their holdings… Which for some reason they can often borrow against… that adds the extra 2 or 3 zeros.
Yeah, that’s why I specifically mentioned dividends. A lot of executives are also paid bonuses on their salaries based on stock performance, so they can “double dip” in these cases too. This is on top of lobbying for deregulation.
Must be great to not have to worry about money and be able to simply fire other people if it ever becomes a concern; it just further goes to show that these people don’t actually add value to even their own companies.