Hi Guys and a happy “Hump” day aka Wednesday to you. Today, after my mid-morning nap (lol), a great idea was given to me in form of a question-so corporations got tax cuts, what should they do with the money they are saving?
I got into thinking. Being a CEO of a corporation is no easy task-there are the daily ebbs and flows in the office and on top of meeting daily goals and deadlines, CEO’s decide how to manage multi-million/multi-billion dollar value of the corporations and pay their employers salaries and benefits, investment in growth opportunities, and product research and growth. To be honest CEO’s themselves, contrary to popular belief are not literally earning billions of dollars, but are WORTH billions of dollars because of their company stakes or shares. This should help get a wider scope in our perspective as to why every single CEO or corporation is jumping on the chance to “give back”.
During my research, I couldn’t think of a better entrepreneur/CEO (although a former one) than Bill Gates. After his partial retirement from being the CEO of Microsoft, his wife and he have dedicated their lives, resources, and time to improve the global health epidemic through their Bill and Melinda Gates Foundation. I visited his website to learn more on how he uses strategies he gained in the private sector to help the public sector. During my research, I came across a great article he posted earlier this week. You can read this article HERE.
My new focus is on human rights and how the government and private sector can join hands and benefit from improving the lives of the public sector, while benefitting, well, the public. Some of the big questions I asked myself:
- Bill Gates uses his own personal wealth to push change. Should other entrepreneurs be expected to do the same?
- Corporate Tax 2017- corporations are saving costs with these tax cuts, should the government have any say on what to do with that money?
- After corporate taxes, should CORPORATIONS show responsibility by getting involved in the public sector or should INDIVIDUALS ON THE “TOP” be expected to get involved personally with public issues?