NEWS in AM: Rep. Tom Suozzi (D-N.Y.) is unveiling a bipartisan bill to boost employee stock ownership, offering tax breaks for companies that share stock with workers. punchbowl.news/article/hous...
Replies
Employees should get board seats
jul 24, 2025, 2:41 am • 3 0 • view
It's a great way to boost productivity and morale. All listed companies should have to provide free stock to workers, not just the few at the top.
jul 23, 2025, 4:31 pm • 2 0 • view
Sorry but I worked for a company that offered stock options. It did nothing for productivity or morale especially when "right sizing" started happening.
jul 24, 2025, 2:55 pm • 0 0 • view
So, uhm, basically a wealth transfer from everyone to employees of the biggest companies (because, well, duh, mom and pop shops and small businesses are not listed on the stock exchange and don't have stocks)?
jul 24, 2025, 12:02 am • 0 0 • view
Fair point, currently the wealth transfer is already happening as top execs hoover up all the benefits. Wideing the cascade feeds the middle class but yeah, it won't help small business workers. Stocks for all flattens the spike but doesn't cure it. Tax big corps to subsidise the small would help.
jul 24, 2025, 9:43 am • 1 0 • view
Love this idea far better than giving the rich tax breaks in “hope” that it will trickle down.
jul 24, 2025, 12:01 am • 3 0 • view
I think most workers would prefer better compensation in their weekly paychecks. This reeks a bit of the way "healthcare" was offered to employees in lieu of better wages back in the 80s. How'd that work out for us? That's when the wage gap starting growing exponentially.
jul 23, 2025, 11:35 pm • 9 2 • view
Employee stock ownership is a classic example of a policy that republicans would have fully supported 20 years ago.
jul 24, 2025, 1:00 pm • 1 0 • view
Decades ago, I was made to divest my holdings in our company's ESOP. Generated a nice sum after the better part of a decade. I can't recall the reason(s) given for divestiture but my wife was particularly disappointed. I believe that she'd seen the ESOP as a hedge against some future calamity.
jul 24, 2025, 4:29 am • 0 0 • view
Sounds like a form of forced savings for workers. I assume if it was just higher pay many will just blow it on nonessentials 😄
jul 24, 2025, 4:29 am • 0 0 • view
Interesting
jul 23, 2025, 1:16 pm • 0 0 • view
Tax cuts? Really?
jul 24, 2025, 2:29 am • 1 0 • view
I can definitely imagine the Walton family passing on stock to those they want to keep dependent, and the only way Amazon employees might see stock is if his ex-wife decides to gift it to them.
jul 24, 2025, 12:42 am • 5 1 • view
They should do it without having to get tax breaks. CEOs make 500% more than their average employee plus million dollar stock packages. They do it by keeping pay stagnant and benefits low. Cap CEO pay and there would be more to go around. Stop rewarding them,
jul 24, 2025, 12:10 am • 5 0 • view
We don’t want your fucking stock. We want wages !
jul 24, 2025, 12:53 pm • 0 0 • view
We can take both. Stock are taxed differently than wages which is why ceos take some of their compensation as stock
jul 24, 2025, 1:29 pm • 1 0 • view
Stock doesn’t buy groceries or pay utilities. Stock can also lose value. Workers need and deserve fair wages. I’ll decide if I want to gamble extra money in the stick market.
jul 24, 2025, 1:51 pm • 2 0 • view
this is about 50 fkn years to damn late... but thanks for the hand job....
jul 24, 2025, 5:14 am • 0 0 • view
Punchbowl News: Boosting Criminals and Their Coverups Since 2021™
jul 23, 2025, 12:03 pm • 3 2 • view
Watch the GOP kill it.
jul 24, 2025, 12:35 pm • 1 0 • view
So 1990's.
jul 23, 2025, 12:57 pm • 1 0 • view