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[-] Sasha 169 points 1 year ago

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

Fuck billionaires, leeches

[-] lemann@lemmy.dbzer0.com 67 points 1 year ago

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 43 points 1 year ago

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

[-] Sasha 19 points 1 year 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 45 points 1 year ago

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.

[-] Sasha 26 points 1 year ago

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 12 points 1 year ago

I’ll meet you in the middle at 75

[-] fsxylo@sh.itjust.works 5 points 1 year ago

I'd back tax them.

[-] overcast5348@lemmy.world 19 points 1 year ago

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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[-] Whelks_chance@lemmy.world 7 points 1 year ago

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 1 year ago

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.

[-] Whelks_chance@lemmy.world 5 points 1 year ago

Ok, so capital gains tax then. It still kicks in at a fairly early point. Long before you're making millions.

https://www.gov.uk/capital-gains-tax/rates

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[-] chalupapocalypse@lemmy.world 79 points 1 year ago

Developers developers developers developers

[-] friend_of_satan@lemmy.world 29 points 1 year ago* (last edited 1 year ago)

One of the only public statements he was right about.

[-] ThePowerOfGeek@lemmy.world 17 points 1 year ago

YEEEEAAAAAAARRERRGGGGGGGHHHHH!!

[-] TheGreenGolem@lemmy.dbzer0.com 8 points 1 year ago

Okay, that too.

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[-] FrankTheHealer@lemmy.world 66 points 1 year ago

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 20 points 1 year 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 62 points 1 year ago

Describes most billionaires actually

[-] Gloria@sh.itjust.works 61 points 1 year ago

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 53 points 1 year ago

it goes it goes it goes

GUILLOTINE

[-] ChickenLadyLovesLife@lemmy.world 14 points 1 year ago

DECAPITATORS DECAPITATORS DECAPITATORS!

[-] Emerald@lemmy.world 7 points 1 year ago

No no no just make him work on the linux kernel

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[-] Twentytwodividedby7@lemmy.world 53 points 1 year ago

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 73 points 1 year ago

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 31 points 1 year ago

Billionaires don't want to work anymore.

[-] Strawberry 28 points 1 year ago

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

[-] FlyingSquid@lemmy.world 6 points 1 year ago

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

[-] TheDoctorDonna@lemmy.world 5 points 1 year ago

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.

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[-] aniki@lemm.ee 4 points 1 year ago* (last edited 1 year ago)

And? Details are irrelevant. I still want him to choke and die.

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[-] DaBPunkt@lemmy.world 37 points 1 year ago

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 1 year 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.

[-] sturmblast@lemmy.world 27 points 1 year ago

Ballmer further ruined Microsoft and gets rewarded. Gotta love capitalism

[-] m13@lemmy.world 32 points 1 year ago

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

Cool system guys.

[-] PunnyName@lemmy.world 27 points 1 year ago

Time for the guillotine.

[-] ddnomad@infosec.pub 26 points 1 year ago

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lol

[-] carl_dungeon@lemmy.world 25 points 1 year ago
[-] explodicle@local106.com 26 points 1 year ago

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

[-] crsu@lemmy.world 5 points 1 year ago

Did he visit Epstein's island too?

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[-] YoorWeb@lemmy.world 23 points 1 year ago* (last edited 1 year ago)

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

[-] treadful@lemmy.zip 17 points 1 year ago

That speech was worth $100m/yr, max

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[-] hperrin@lemmy.world 20 points 1 year ago

s/make/steal from Microsoft’s workers/

[-] rob_t_firefly@lemmy.world 17 points 1 year ago

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

[-] atro_city@fedia.io 16 points 1 year ago

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 1 year 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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this post was submitted on 28 Dec 2023
448 points (100.0% liked)

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