Seems fair criticism if executives get stock compensation but janitors don’t
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Replying to @thijsniks
That's a different and totally valid argument (how many shares people are getting out of employee pool vs how much any individual equity stake appreciated/depreciated during a given time period)
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Replying to @DanGrover
There are two discussions here: (1) What is an acceptable dollar difference in compensation between the p90 and p10? (2) And how acceptable is it for that gap to suddenly change because the compensation mix (wage, commission, bonus, stock) is different per role?
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Replying to @thijsniks @DanGrover
Many people see it as an injustice if the gap is large already *and* suddenly increases, especially while the p90 is at a higher risk of losing their job
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Replying to @thijsniks @DanGrover
At the end of the day, people don’t care about compensation being wage or stock. They just see CEOs buying private jets while their public school is falling apart and their parents can’t afford healthcare
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Replying to @thijsniks
It seems reasonable enough to tax people at fair rates when they realize the equity gains (get rid of long term capital gains rate, get rid of corporate tax loopholes, set up better brackets, etc).
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Replying to @DanGrover
My hypothesis is that a lot of what is breaking the country apart can be fixed with social democratic programs, but we have gotten ourselves in a doom loop in the other direction
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Replying to @thijsniks @DanGrover
I don’t think people would turn to Qanon like conspiracy theories with such fever if they see the government actually delivering tangible benefits
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Replying to @thijsniks @DanGrover
You need a proportional voting system at all levels to get there though, so different groups of people can more effectively advocate for their needs. And we need to simultaneously take money out of politics.
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Good services and responsive politicians in turn should increase support for increased taxation
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Replying to @thijsniks @DanGrover
These systemic changes are so large though, that I don’t know if we can get there before we crash
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Replying to @thijsniks @DanGrover
Europe escaped the doom loop towards communism because WW2 and the American intervention reset the political power balance. What would do the same thing here?
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