undefined | Better HN

0 pointscoopsmgoops5y ago0 comments

Those no salarie/$1 salarie CEOs sound oh so noble but they are usually compensated very well with stock options and so it's mostly just a facade of giving a

0 comments

rusticpenn5y ago

As long as the stocks have value and are not depreciating.

pintxo5y ago

Given that capital gains are taxed at lower rates then income, its actually a tax-avoidance schema above everything else.

stjohnswarts5y ago

no it's not, unless you can point me at the CEOs receiving more options in lieu of their pay, otherwise it really is a pay cut, even if they're still getting rich, they're getting rich at a decreased rate and that is money they'll never see by taking $1 salary for the year.

j / k navigate · click thread line to collapse