Comment on Amazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bump
anon_8675309@lemmy.world 3 weeks ago
Fix this:
- Omnibus Budget Reconciliation Act of 1993 (Section 162(m)): By capping deductible salary at a million, it paradoxically incentivized companies to shift compensation toward stock options and performance-based bonuses to avoid tax penalties.