The example you gave isn’t a good one. And second the CEO is often paid in shares to avoid taxes on income. If the shares are worthless, well you can do the math.
The example you gave isn’t a good one. And second the CEO is often paid in shares to avoid taxes on income. If the shares are worthless, well you can do the math.
The 1950s - 1990s (not sure the time period is exactly correct) primarily corresponds with the post-war boom in which the US has 25% or so of global production and GDP. Those days aren’t coming back. We can work on tax policy of course, but there are too many people and too much competition for resources. In addition to tax policy reform we need governments to get back to basics, stop hiring dotards, and reduce the NGO and non-profit complex siphoning money away with crappy results. We can do better. Let’s do it. But let’s do it across the board and both put our money where our mouth is.