this post was submitted on 24 Aug 2023
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Return-to-office orders look like a way for rich, work-obsessed CEOs to grab power back from employees (www.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Return-to-office orders look like a way for rich, work-obsessed CEOs to grab power back from employees::White-collar workers temporarily enjoyed unprecedented power during the pandemic to decide where and how they worked.

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[–] Curator@lemmy.world 3 points 1 year ago (1 children)

A lot of the foreign currency was brought back under the trump years when companies were given a one time reduction in taxes to repatriot their cash. From 35% to 15% tax rate.

https://www.latimes.com/business/story/2019-12-19/companies-repatriate-1-trillion-since-tax-overhaul