Apple CEO Tim Cook takes rare 40% pay cut
Apple chief executive Tim Cook has voluntarily taken a 40 percent pay cut for 2023, an unusual move that comes “in response to shareholder feedback,” according to the company’s annual proxy statement. The decision puts Cook’s target compensation at $49 million, down from $84 million in 2022. But his pay will probably exceed that target […]
Why South Africa should cut taxes in 2023
South Africa can generate more tax revenue by lowering taxes, which will create additional wealth and stimulate the economy. It may sound counter-intuitive that more tax revenue can be collected through lower taxes, but it has been proven to work in many cases. A good tax system requires the efficient and cost-effective collection of money […]
