438
That's a great salary even if divided between 10,000 people.
Fuck billionaires, leeches
this post was submitted on 28 Dec 2023
438 points (96.6% liked)
A Boring Dystopia
13148 readers
329 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 2 years ago
MODERATORS
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.
load more comments
(1 replies)
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
load more comments
(1 replies)
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.
load more comments
(1 replies)
load more comments
(1 replies)
load more comments
(3 replies)
load more comments
(2 replies)
Developers developers developers developers
One of the only public statements he was right about.
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 $5 a day and put it in a mutual fund and in 10 years you'll make nothing because inflation will eat any growth you might have had
Describes most billionaires actually
But giving someone at the bare minimum support from the state is apparently setting the wrong incentive. They say free money for doing nothing is communism and makes people lazy while giving a billinaire billlions for doing nothing is late capitalist doublespeak. I hope he suffocates on it.
load more comments
(3 replies)
it goes it goes it goes
GUILLOTINE
DECAPITATORS DECAPITATORS DECAPITATORS!
load more comments
(1 replies)
To put it into perspective: If you would earn 5000$ 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.
We apologize, but your web browser is configured in such a way that it is preventing this site from implementing required components that protect your privacy and allow you to view and change your privacy settings. This functionality is required for privacy legislation in your region.
We recommend you use a different browser or disable the “EasyList Cookie” filter from your “Content Filtering” settings (found under “Settings” -> “Shields” in the Brave Browser
lol
The CEO of Brave is a would-be Ballmer; he uses his wealth to fight against gay rights.
load more comments
(2 replies)
load more comments
(1 replies)
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
load more comments
(2 replies)
Billionaires don't want to work anymore.
Somebody should've just told Marx about the difference between salary and capital ownership!
So you're saying he'll be making a billion dollars a year for doing nothing?
load more comments
(5 replies)
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.
He’s always been a tool
The guy was just Bill Gates' roommate. He's white privilege personified.
load more comments
(2 replies)
Developers, developers, developers, developers, developers, developers, developers...
That speech was worth $100m/yr, max
load more comments
(1 replies)
Time for the guillotine.
s/make/steal from Microsoft’s workers/
Well, to be fair, the man is very good at nothing.
Didn't this guy fuck up a bunch of things at Microsoft? Even as a failure, you can be billionaire.
load more comments
(1 replies)
He won’t be doing nothing; he’ll be doing tons of cocaine. He actually has enough money now to attach 3 or 4 more functioning noses to his face.
view more: next ›