Comments by "IIIRattleHeadIII" (@badass6300) on "10 Ways Billionaires Avoid Tax On A Massive Scale - How Money Works" video.

It's calculated risk and they should be compensated a lot more than the average employee at their companies, but not as much as they have been. In the 80s the average CEO, COO or President of a company was compensated 4-7x times their core employees(those employees usually get paid very well), but since then the compensation has risen to 75-350x times more than the core employees and in the extreme, edge cases of the most wealthy way beyond that.
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And that's why they should be compensated 4-8x times more than the their core employees(just like it was up to the 1980s), instead they get compensated 75-350x times the core employees and in some extreme cases of the most wealthy much more than that. The employees are very underpaid, while the executives are way overpaid. Now this goes for productive employees like engineers, tradesmen, logistics and such. If you are a sociologist or teacher or cashier or waiter or gender thingamajig and all similar unskilled, unproductive jobs, then yeah, you are lucky to be paid as your job should be either automated or it shouldn't exist.
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@TheGios100 The solution is to tax consumption. If you buy a Dacia Sandero you pay let's say 5% VAT, if you buy a Ferrari you pay 500% VAT(this just an example, actual numbers would need complex calculations of multi-variable equations). This way you insentivise companies to make their products more affordable for everyone. And then tax wealth and assets progressively above 1 billion dollars and adjust it for inflation. But instead of going for the government, the employees of the companies get directly paid that as their salaries. Screw the government. Salary should be taxed at a flat 10% rate.
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@TheMountainBeyondTheWoods It's not about being paid, it's about being paid fairly. The company owners, CEOs and COOs Should be paid more than the regular workers, but not as much as they are being paid(compensated). There should be a law where part of the company's profits is given to its employees. This way you get what you worked for.
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@TaroTsujimoto1974 because they are NOT productive, they are pretty much leeches and they should get productive jobs. About 80% of job types are productive or lead to production and 20% of job types are parasitic and unproductive, yet nowadays only 20-25% work the productive jobs and 80% work the unproductive jobs. We are lucky that technological advances have increased the per person productivity, but the way things are going we getting worse and worse, especially due to the demographics crisis all but africa are facing. People should pick an engineering field, a trade, commerce, a medical field or the necessary evil law and go for that. Those categories, or more accurately their sub-fields make for 80%+ of job types.
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@DylanRoberts7 After.
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@موسى_7 this is true in almost all countries.
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@TheMountainBeyondTheWoods Well that's the fairest way to pay salary, you literally get paid for what you have EARNED, with a complex equation that will distribute it based on your productivity. On the other hand you don't do much, you don't get paid.
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@TheMountainBeyondTheWoods Yeah and that's how employees end up underpaid and executives and investors overpaid.
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@TheMountainBeyondTheWoods how do you reach to there from what I said. This fixed salary model is outdated. It only makes sense to get paid a percentage of what you earn the company.
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@TheMountainBeyondTheWoods absolutely not, corelation is not causation.
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@TheMountainBeyondTheWoods The correlation is that in the past people who suggested employees being paid based on what they earn their company, instead of a fixed salary, also went for the crazy authoritarian government control. Governments and their institutions should be brought to a minimum. They should protect us from other countries, maintain basic infrastructure, if the nation is wealthy enough AND has proper age demographics provide free health care and make sure companies don't screw over their employees. And the "education" system, which produces useless people in 12-20 years that barely if at all can get a bottom position job in their respective field should be reformed. By the age of 18 people should be a highly skilled and knowledgeable experts in one engineering field OR one trade OR law OR commerce. Medince might be harder.
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@TheMountainBeyondTheWoods Will do in due time. My father has a business and he pays his employees based on what they earn with a decent flatline salary just in case there is less work that month for that person.
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If productive people were paid a percentage of the company's profit.
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