• trackcharlie@lemmynsfw.com
    link
    fedilink
    English
    arrow-up
    16
    ·
    edit-2
    10 months ago

    They stopped teaching children about the gilded age because the current era is objectively worse than any time in human history for wealth inequality.

    We may be an inclusive culture but we are exceptionally ass at doing anything other than separating people based on their net worth and insuring those ‘below’ have no way up.

  • cygnus
    link
    fedilink
    arrow-up
    11
    ·
    10 months ago

    Gender inequality remains firmly in place among CEOs: with Marks and Scotts counting four members each on the male-dominated list—there are only four women on this year’s list. This year, the average Mark made $18.5 million and the average woman made $11.7 million. In other words, the average top female CEO makes 63 cents for every dollar a CEO named Mark makes.

    More 👏 overpaid 👏 female 👏 CEOs

  • sbv@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    5
    ·
    10 months ago

    The richest CEOS in 2022 was paid 246 timnes more than the average worker. This was a small change from the previous record of 243 times that was set last year.

    Pretty standard January news story, but the recommendations are good:

    Create new top income tax brackets

    In the post-war years, top marginal income tax brackets stood within the 70 per cent range-much higher than they are today. Despite these higher rates, there were still CEOS, Canada was still economically competitive and, if anything, enjoyed stronger economic growth. It’s time to consider moving back towards these higher brackets.

    Yeah. That’s pretty normal.

    Remove corporate deductibility of pay packages over amillion dollars

    Holy shit.

    Introduce a wealth tax

    Introducing a bracketed wealth tax, starting with those who have over $10 nmillion in wealth, could raise over $30 billion a year-and these rates are low compared to what American politicians are advocating for.

    yes plz

    Increase the capital gains inclusion rate

    When stocks are awarded, they simply count as income and are fully taxed. But if they increase in value after the fact and are sold, then the capital gains tax deal kicks in.

    Fine by me.