CMV: Income Disparity In America Is A Big Problem And Needs To Be Fixed

If you're making billion(s) a year while the employees working at your company can't make ends meet without using tax-paid government programs, that's not effective distribution.

No one is being paid billions as a salary. And I'm glad you brought up Bezos because it shows you are comparing two very different things net worth and income. Bezos salary last year was 81k. He's not being paid his billions for his job at Amazon. So how is it his net worth is sky rocketing? Because he owns a huge portion of Amazon stock and the value of the Company continues to increase. So since the value of his stock is increasing he has a larger and larger net worth. The amount Amazon pays him as his salary has almost no impact on his net worth. If Amazon stock crashed to nothing over night Bezos net worth would crash with it. And even if Bezos tried to cash out and sell a bunch of his stock it would take the stock price and as a result his network would crash with it. His net worth isn't as representative of the money he has as you would think. It's directly tied to his shares of Amazon stock and as a result Amazon as a company doesn't really have much they can do about him making money. You are comparing Bezos's ownership of stock to what Amazon pays its employees. It's really not a comparison.

/r/changemyview Thread Parent