Tootfinder

Billionaires with $1 salaries
– and other legal tax dodges the ultrawealthy use to keep their riches
Billionaires can enjoy growing wealth entirely free of income tax and reporting
Mark Zuckerberg was the lowest-paid employee at Meta in 2024,
and he made US$1.
But he is not the only very rich person who has collected $1 for a year’s work.
Why would incredibly rich CEOs make only $1 a year when they could pay themselves millions?
The reason is taxes…

Billionaires with $1 salaries – and other legal tax dodges the ultrawealthy use to keep their riches
Billionaires can enjoy growing wealth entirely free of income tax and reporting.

The Avi Lewis AMA on Reddit this afternoon was interesting. He didn't answer my question, and I'll eventually get over it, but he was swinging for the fences with his ideas. His responses would resonate I think with MastoCanucks as they pretty much call for the government to get more involved in providing real solutions. Including building 1M public homes, tackling U.S. ownership of our media, getting rid of FPTP with electoral reform, guaranteed income programs, publicly owned options for major business categories (banks, grocery, phones, etc). Those big ideas could wake up and excite voters while at the same time facing huge opposition from big businesses and wealthy Canadians who would face a new wealth tax.
I hope he wins the leadership. At the very least he'll push the Liberals to be bolder, and maybe even lead a minority government that could bring some of his ideas to fruition.
#CanPoli #NDP
https://www.reddit.com/r/onguardforthee/s/fwKRmDPSvd

When it's observable that the very rich are steadily growing richer while the vast majority of people are growing poorer, it's obvious that the tax system is not neutral: it is actively redistributing wealth upwards. For the tax system to be neutral, it MUST tax the very rich much more. To do so is not redistributive, at least until it actively causes a net movement of wealth towards the poor: rather it is simply neutral.

How Has Inequality Changed? - Equality Trust
Levels of inequality changed dramatically over the course of the 20th century. Overall income inequality fell from a high point in the 1930s, remained fairly static until 1979, and then increased dramatically from 1979 to 1991. Since 1991, the trend has been more volatile, affected by Great Recession of the late 2000s and the Covid-19 […]