this post was submitted on 13 Apr 2026
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] otterpop@lemmy.world 75 points 6 days ago (3 children)

The ultra wealthy keep their salaries low so they can avoid paying taxes. They also use this as a form of white washing their reputation that people who don't understand how money works will buy.

There are actually special structures that aren't even available to most people for ultra high earners called non qualified deferred compensation plans that help them avoid taxes even harder than most ordinary people can.

They do everything they can to pay as little in taxes as they can while they hoard up as much wealth as they can.

[–] birdwing@lemmy.blahaj.zone 21 points 6 days ago* (last edited 5 days ago)

The more I hear about billionnaires the more I think the anarchist & council communists were right.

[–] boonhet@sopuli.xyz 2 points 5 days ago

Amazon's philosophy is that higher-ups get paid in mostly stock and their salaries are capped at pretty much what Andy's salary is. Idea is that if you make ~300k in salary, but your stock can be worth anything from 40 to 500 million in 4 years when it vests, you're probably motivated to work extra hard to make the company worth more.

Stock grants outweigh salaries by 3x in senior software dev roles already, the executives make roughly the same salary, but more stock.