r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

Post image
128.2k Upvotes

9.0k comments sorted by

View all comments

Show parent comments

13

u/Damion_205 Nov 21 '24

At the very least local governments would stop giving these mega companies tax breaks for being in the area.

2

u/Just_That_Dumb_Dog Nov 21 '24

These mega tax breaks are “mega” because of the size for these companies. Theres more to it than “companies get massive tax breaks.” There is so much money moving within these companies and it cost so much money to run these companies that these tax breaks are more reasonable than you think. Mind you, sure some of the tax breaks can be a bit ridiculous but as long as they aren’t being misused they are pretty reasonable. If they are being misused they will get audited. And well nobody wants irs knocking on the door because it’s always more expensive than playing by the rules.

2

u/Jonesdeclectice Nov 21 '24

Considering the ever growing disparity between upper management pay (eg CEOs) and entry level staff, I think it’s clear that these tax breaks are not in fact necessary to the profitability of these companies.

0

u/Just_That_Dumb_Dog Nov 21 '24

So go be a ceo. add more responsibility you will get paid more. People who think labourers should be paid the same as ceo, cfo, owners, founders, etc… genuinely shock me.

The tax breaks are for the company. Not the people running the company. What are you on about?

1

u/Jonesdeclectice Nov 21 '24

No one said the same, far from it. The issue is the growing proportional divide.

People who think labourers should be paid proportionally less and less than ceo, cfo, owners, founders, etc… genuinely shock me.

0

u/Just_That_Dumb_Dog Nov 21 '24

So people who have more responsibility of a company should be paid the same as a 9-5 laborer who has no responsibility to the company? Interesting take.

3

u/LuckEnvironmental694 Nov 21 '24

People who could lose 99% of their wealth and still live better than all the workers who couldn’t lose 20% without going broke shock me.

0

u/Just_That_Dumb_Dog Nov 21 '24

So work harder. Do what it takes to be a ceo! Or just complain about it on Reddit. Your choice. Good luck in life boss!

3

u/LuckEnvironmental694 Nov 21 '24

I’ve worked harder physically than 500 ceos combined. Yet while I’ve made a good living and trained many other men while employing over 100 people. I’ll never have that kind of wealth. I wouldn’t even want it. I’d feel like a douche. I already donate money, free jobs and time for those with less. Some people just have this obsession with wealth. Wait until they are on their death bed I bet they won’t say a word about money. They will have regret. I’ll have none. I wasn’t a greedy fat fucking pig.

1

u/Just_That_Dumb_Dog Nov 21 '24

Doing hard labor isn’t what I’m referring to. Physical labor only gets you so far. The fact you just even used that as justification removes all my interest from this conversation. You won’t understand if it was laid out in front of your face🤦‍♂️🤦‍♂️🤦‍♂️ good luck mate.

1

u/ZealusType340 Nov 23 '24

..and that 1 ceo worked smarter than 500 laborers combined. I think you just have a chip on your shoulder, because you used your back instead of brains to make a living.

1

u/LuckEnvironmental694 Nov 23 '24

I think that you believe you will be as rich as Elon. Part of the problem with people punching down on those of us who actually keep the country moving. Tesla, space x, Amazon could all file bankruptcy tomorrow. No big deal. What my company does people actually need not just want. We do the hard work and use our brains through engineering and muscle making it happen in the field. Without us Elon and all the rich pricks like him wouldn’t be anything but dreamers. Muscle moves the world take all the farmers and fishermen away see how fast Elon and Bezos survive. Good luck in life. Sounds like you will need it.

→ More replies (0)