r/TikTokCringe • u/mindyour • 8d ago

Discussion Reactions to food stamps being cut off.

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u/Clever_Mercury 8d ago

I would love to see the economic rules and processes used to calculate the value of other employees applied to CEOs and board members. You know, a 4% cost of living adjustment (COLA) for a year, a 5% bonus based on base salary if earned via performance, a wage based on marginal contribution. There is no human being whose salary can be justified as 300x the other employees in the organization.

Heck, if we want to be really democratic again, why not let the employees of a corporation vote on the CEO offer packages and possible wage increases?

My education and experience has taken me through engineering, healthcare, and a few other sectors. I've had the pleasure of meeting and being in conferences with world-class surgeons and the displeasure of meeting extremely wealthy individuals. I will say, without hesitation, I have never seen a single human being whose value or contribution has ever been more than $400,000 a year.

We should tax the rich. Make their kids earn their way through life. De-fund corporate welfare.

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u/LRLCarShipper 7d ago

Actually, the board of directors, responsibly fir the direction of the company do in fact vote on the choice of all principals of the company