140
Billionaires with $1 salaries – and other legal tax dodges the ultrawealthy use to keep their riches
(theconversation.com)
this post was submitted on 11 Feb 2026
140 points (99.3% liked)
Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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I've been thinking about employee stock options lately. The original idea was that options would vest as a result of executives increasing the stock price through good business practices. Now though, so much of the market is occupied by index funds that major companies' stock prices will rise just for treading water as everyone keeps pumping money into retirement accounts comprised largely of index funds. So instead of a reward, they just become a way to skirt income taxes as long as you hold the stock long enough. The article mentions buybacks as well, which can also inflate the stock price guaranteeing options vest.