Lee Duna@lemmy.nz to Work Reform@lemmy.worldEnglish · 3 months agoAmazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bumpwww.techspot.comexternal-linkmessage-square40fedilinkarrow-up1547arrow-down13
arrow-up1544arrow-down1external-linkAmazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bumpwww.techspot.comLee Duna@lemmy.nz to Work Reform@lemmy.worldEnglish · 3 months agomessage-square40fedilink
minus-squareanon_8675309@lemmy.worldlinkfedilinkarrow-up27·3 months agoFix this: Omnibus Budget Reconciliation Act of 1993 (Section 162(m)): By capping deductible salary at a million, it paradoxically incentivized companies to shift compensation toward stock options and performance-based bonuses to avoid tax penalties.
Fix this: