Quote:
Originally Posted by ottopottomouse
I don't know how welfare works in America but how can it cost the state more for someone to be in a minimum wage job than if they didn't work at all?
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That's not the point the OP is making. Read the article.
The CEO makes nearly $100 million, but because of the performance-incentive pay structure the company is able to *deduct* this amount from their taxes. So they basically hit society with a double whammy - firstly not paying their workers a living wage and forcing them to rely on welfare/assistance programs paid for by everyone else, and secondly - writing off the ungodly salary give to their single CEO via loophole, avoiding paying tax back into society.
CEO pay is so ridiculously obscenely fucked up, and minimum wage is not a living wage yet is often the only option for unskilled workers. Not sure how anyone could argue both those points.