this post was submitted on 28 Dec 2023
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A Boring Dystopia

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[–] Sasha@lemmy.blahaj.zone 164 points 2 years ago (4 children)

That's a great salary even if divided between 10,000 people.

Fuck billionaires, leeches

[–] lemann@lemmy.dbzer0.com 68 points 2 years ago (2 children)

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

[–] snekerpimp@lemmy.world 44 points 2 years ago (1 children)

It’s a mental disorder, similar to hoarding, and they all need psychological help.

[–] RobertOwnageJunior@lemmy.world 28 points 2 years ago (1 children)

And the saddest thing about it is that a lot of people admire it.

[–] snekerpimp@lemmy.world 14 points 2 years ago

Loads of people admire people with anorexia and bulimia, doesn’t change that there is something wrong with their brain.

[–] Sasha@lemmy.blahaj.zone 19 points 2 years ago

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.

[–] danc4498@lemmy.world 44 points 2 years ago (6 children)

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.

[–] overcast5348@lemmy.world 21 points 2 years ago (1 children)

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.

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[–] Sasha@lemmy.blahaj.zone 17 points 2 years ago (2 children)

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.

[–] danc4498@lemmy.world 11 points 2 years ago

I’ll meet you in the middle at 75

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[–] Whelks_chance@lemmy.world 6 points 2 years ago (2 children)

The UK tax bands will blow your mind.

Like 40% for anything over 50k. Which I'm fine with btw.

https://www.gov.uk/income-tax-rates

[–] Blackmist@feddit.uk 7 points 2 years ago (1 children)

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.

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[–] chalupapocalypse@lemmy.world 79 points 2 years ago (1 children)

Developers developers developers developers

[–] friend_of_satan@lemmy.world 29 points 2 years ago* (last edited 2 years ago) (1 children)

One of the only public statements he was right about.

[–] ThePowerOfGeek@lemmy.world 16 points 2 years ago (2 children)

YEEEEAAAAAAARRERRGGGGGGGHHHHH!!

[–] TheGreenGolem@lemmy.dbzer0.com 8 points 2 years ago

Okay, that too.

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[–] FrankTheHealer@lemmy.world 65 points 2 years ago (1 children)

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.

[–] Hoomod@lemmy.world 21 points 2 years ago

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

[–] phoneymouse@lemmy.world 64 points 2 years ago

Describes most billionaires actually

[–] Gloria@sh.itjust.works 63 points 2 years ago (3 children)

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.

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[–] crsu@lemmy.world 48 points 2 years ago (3 children)

it goes it goes it goes

GUILLOTINE

[–] ChickenLadyLovesLife@lemmy.world 11 points 2 years ago

DECAPITATORS DECAPITATORS DECAPITATORS!

[–] Emerald@lemmy.world 6 points 2 years ago (1 children)

No no no just make him work on the linux kernel

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[–] DaBPunkt@lemmy.world 38 points 2 years ago (1 children)

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!

[–] towerful@programming.dev 9 points 2 years ago

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.

[–] ddnomad@infosec.pub 28 points 2 years ago (2 children)

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lol

[–] explodicle@local106.com 8 points 2 years ago (2 children)
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[–] Twentytwodividedby7@lemmy.world 27 points 2 years ago (10 children)

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.

[–] Kiwi@lemmy.world 68 points 2 years ago (2 children)

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

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[–] tastysnacks@programming.dev 30 points 2 years ago

Billionaires don't want to work anymore.

[–] Strawberry@lemmy.blahaj.zone 29 points 2 years ago

Somebody should've just told Marx about the difference between salary and capital ownership!

[–] FlyingSquid@lemmy.world 6 points 2 years ago

So you're saying he'll be making a billion dollars a year for doing nothing?

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[–] sturmblast@lemmy.world 27 points 2 years ago (1 children)

Ballmer further ruined Microsoft and gets rewarded. Gotta love capitalism

[–] m13@lemmy.world 32 points 2 years ago

Capitalism literally rewards and enforces narcissism, sociopathy, exploitation, greed, destruction, and violence.

Cool system guys.

[–] carl_dungeon@lemmy.world 25 points 2 years ago (1 children)
[–] explodicle@local106.com 22 points 2 years ago (2 children)

The guy was just Bill Gates' roommate. He's white privilege personified.

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[–] YoorWeb@lemmy.world 22 points 2 years ago* (last edited 2 years ago) (2 children)

Developers, developers, developers, developers, developers, developers, developers...

[–] treadful@lemmy.zip 18 points 2 years ago

That speech was worth $100m/yr, max

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[–] PunnyName@lemmy.world 21 points 2 years ago

Time for the guillotine.

[–] hperrin@lemmy.world 17 points 2 years ago

s/make/steal from Microsoft’s workers/

[–] rob_t_firefly@lemmy.world 17 points 2 years ago

Well, to be fair, the man is very good at nothing.

[–] atro_city@fedia.io 15 points 2 years ago (1 children)

Didn't this guy fuck up a bunch of things at Microsoft? Even as a failure, you can be billionaire.

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[–] JimVanDeventer@lemmy.world 8 points 2 years ago

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.

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