"Executives get 90%+ of salary as untaxed perks" still exists in Japan, incidentally. http://paulgraham.com/re.html pic.twitter.com/N4Cl0NVSS7
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He once mentioned it in a speech then corrected himself. "It's the company's car, of course." Of course. Rank hath its privileges.
You can imagine I get a little facepalm-y when I read US papers saying "Why does the US have CEO-worker disparity in pay, unlike Japan?"
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