this post was submitted on 07 Dec 2024
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As a CEO id be stupid to get a salary. Dividends and stocks are much better tax-wise. Well maybe id get a smaller salary for the advantages in retirement and tax-free accounts and everything, but not much more than whats needed.
Stock grants are taxed as regular income.
Edit: downvotes from people who have no idea how stock, compensation, or taxes work, apparently.
I thought founders usually get all their shares upon founding the company when it's worth next to nothing. Is that not how it works?
Who was talking about founders?
Founders usually end up in C-suite positions. That sounds like what independantiste was thinking about.