That’s a great salary even if divided between 10,000 people.
Fuck billionaires, leeches
That’s 100k for those in the back. Really puts this greed into perspective, there is absolutely no reason for any individual to be hoarding this much money. For many people that would literally be life changing
It’s a mental disorder, similar to hoarding, and they all need psychological help.
And the saddest thing about it is that a lot of people admire it.
Loads of people admire people with anorexia and bulimia, doesn’t change that there is something wrong with their brain.
If you want to stretch it a little further, this would be enough to very comfortably support just shy of 74,000 students in Australia per year.
That’s roughly an extra third of what our government offers right now.
This is exactly why you do a progressive tax rate that charges a huge percent (50+) for every penny earned over 20 million.
They can still get these massive bonuses, but get would be better off putting that money into wages that aren’t taxed so much.
50% for 20 million sounds insane to me. I’d be clamoring for 75% or more. I’m in Ontario and people making something like 250000 CAD already have a marginal rate above 50% IIRC. Before anyone calls me a lazy commie, my marginal rate is in the mid 40s already, and I’m happy to do my part.
How do you feel about 37%?
Oh honey, that’s so much more conservative than I’d tax. 100% over a million, easy.
They don’t deserve huge bonuses so I’m not interested in letting them keep anything that insane. There should be a cap on income based upon the median wage or something IMO.
I’ll meet you in the middle at 75
I’d back tax them.
The UK tax bands will blow your mind.
Like 40% for anything over 50k. Which I’m fine with btw.
None of these people earn their fortunes in a way that is affected by income tax.
They’re not taking billions in cold hard cash every year.
Ok, so capital gains tax then. It still kicks in at a fairly early point. Long before you’re making millions.
It’s probably not bad when you factor in healthcare. Especially the middle class that doesn’t get free healthcare but also pays the same as the super wealthy.
We used to have that here in the US.
Thank you Reagan and Bush
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Anybody else think there should be a money limit? Like at a certain point you get a message: Congratulations, you completed capitalism. Now every additional cent you make is going to be taxed at 100%
Oh absolutely, if we aren’t replacing capitalism we need to install hard limits.
Developers developers developers developers
One of the only public statements he was right about.
YEEEEAAAAAAARRERRGGGGGGGHHHHH!!
Okay, that too.
I would hate to see that guy when he’s constipated.
Billionaires gonna billionaire.
“Hustle and grind bro. Get that bread”
It doesn’t matter if you hustle and bring every single day for the rest of your life, you will never have a billion dollars.
Save that $5 a day and put it in a mutual fund and in 10 years you’ll make nothing because inflation will eat any growth you might have had
Describes most billionaires actually
But giving someone at the bare minimum support from the state is apparently setting the wrong incentive. They say free money for doing nothing is communism and makes people lazy while giving a billinaire billlions for doing nothing is late capitalist doublespeak. I hope he suffocates on it.
This is free money in the way that it’s a return on his investment. This has nothing to do with the state other than they will collect tax revenue on this distribution annually.
This should be a motivational post to get people investing. heck of a retirement payout this guy’s getting.
This should be a motivational post to get people investing.
Totally, because people who are struggling just love to take risks with their money.
What risk? Market goes up, the Rich ain’t gonna let that stop so you may as well catch on the coat tails.
Past performance is not indicative of future earnings. Consult an investment professional or just send me your banking details. Same same.
it goes it goes it goes
GUILLOTINE
DECAPITATORS DECAPITATORS DECAPITATORS!
No no no just make him work on the linux kernel
Leave Linux alone. Send that fucker to build iPads.
YUH!
To put it into perspective: If you would earn 5000$ every day (not per month, per day) and you had started with that when Columbus discovered America, you still had not 1 billion!
If you made $61k per day for a 45 year career, you would make ~$1bn.
So, that’s like a decent yearly salary PER DAY, from the age of 20 to the age of 65.If $61k per year can support someone for a year, that career would support 365 people for 45 years.
And that’s just $1bn over a full career.If you earned $1bn per year, that could support 16,425 per year on a $61k salary. Thats a town of people.
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lol
The CEO of Brave is a would-be Ballmer; he uses his wealth to fight against gay rights.
It doesn’t say anything about what he is doing now? Seems like he was sorry about previous donations and wanted to fix it? Is he still up to the same shit?
He was also an anti-masker.
Stop protecting yourself and let us protect you.
Ballmer further ruined Microsoft and gets rewarded. Gotta love capitalism
Capitalism literally rewards and enforces narcissism, sociopathy, exploitation, greed, destruction, and violence.
Cool system guys.
ITT: a bunch of people who don’t understand how dividends work on stock ownership. He’s not collecting a salary, Microsoft is not actively paying him, he’s just an investor who owns a shit ton of stock.
Or, a bunch of people who are over the inequality in our world regardless of how the person comes by the money.
I don’t care if Microsoft pays him a salary or not, hoarding that much wealth is a mental illness that can only be cured by a guillotine
is a mental illness that can only be cured by a guillotine
Do you prescribe this medicine to all mental illness?
No, just the specific hoarding of more wealth than you could ever possibly spend.
Billionaires don’t want to work anymore.
Somebody should’ve just told Marx about the difference between salary and capital ownership!
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Seriously, they should be taxed when stockpiled and sitting idle. 1% per stock, per current price, per quarter.
No need, they exist and you’ve already lost…
Income is income, and billionaires already have too much of it. Not everyone enjoys taking it rough from corporate America.
The only people who should have stake in a company are those who work there.
Wait… But then the stock would be virtually worthless…
Isn’t that the “doing nothing” part of the title?
And? Details are irrelevant. I still want him to choke and die.
The stock market is perverse.
It is supposed to be a tool that allows people to support promising ventures that they believe in, and allows them to profit from the venture if it is successful.
Instead it’s a race to the bottom, where companies have a feduciary duty to their investors to make them as much profit as possible. This is the ultimate driver of enshittification.
Adam Smith was a smart guy, but he never saw Milton Friedman coming.
He’s always been a tool
The guy was just Bill Gates’ roommate. He’s white privilege personified.
Did he visit Epstein’s island too?
Well, he’s an excellent accountant. The kind of guy you don’t want as a CEO.
Developers, developers, developers, developers, developers, developers, developers…
That speech was worth $100m/yr, max
Cuh, cuh, cuh, cuh, cuh, cuh, cocaine!
Time for the guillotine.
Well, to be fair, the man is very good at nothing.
s/make/steal from Microsoft’s workers/
