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[-] Sasha@lemmy.blahaj.zone 165 points 7 months ago

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

Fuck billionaires, leeches

[-] lemann@lemmy.dbzer0.com 68 points 7 months 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 44 points 7 months ago

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

[-] RobertOwnageJunior@lemmy.world 29 points 7 months ago

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

[-] snekerpimp@lemmy.world 14 points 7 months 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 7 months 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 7 months 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.

[-] overcast5348@lemmy.world 21 points 7 months 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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[-] Sasha@lemmy.blahaj.zone 17 points 7 months 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 11 points 7 months ago

I’ll meet you in the middle at 75

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[-] Whelks_chance@lemmy.world 6 points 7 months 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 7 months 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.

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[-] chalupapocalypse@lemmy.world 78 points 7 months ago

Developers developers developers developers

[-] friend_of_satan@lemmy.world 29 points 7 months ago* (last edited 7 months ago)

One of the only public statements he was right about.

[-] ThePowerOfGeek@lemmy.world 17 points 7 months ago

YEEEEAAAAAAARRERRGGGGGGGHHHHH!!

[-] TheGreenGolem@lemmy.dbzer0.com 8 points 7 months ago

Okay, that too.

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[-] FrankTheHealer@lemmy.world 66 points 7 months 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 21 points 7 months 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 7 months ago

Describes most billionaires actually

[-] Gloria@sh.itjust.works 63 points 7 months 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 48 points 7 months ago

it goes it goes it goes

GUILLOTINE

[-] ChickenLadyLovesLife@lemmy.world 11 points 7 months ago

DECAPITATORS DECAPITATORS DECAPITATORS!

[-] Emerald@lemmy.world 6 points 7 months ago

No no no just make him work on the linux kernel

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[-] DaBPunkt@lemmy.world 38 points 7 months 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 7 months 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 29 points 7 months ago

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lol

[-] sturmblast@lemmy.world 27 points 7 months ago

Ballmer further ruined Microsoft and gets rewarded. Gotta love capitalism

[-] m13@lemmy.world 32 points 7 months ago

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

Cool system guys.

[-] Twentytwodividedby7@lemmy.world 27 points 7 months 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 65 points 7 months 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 30 points 7 months ago

Billionaires don't want to work anymore.

[-] Strawberry@lemmy.blahaj.zone 29 points 7 months ago

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

[-] FlyingSquid@lemmy.world 6 points 7 months ago

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

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[-] carl_dungeon@lemmy.world 25 points 7 months ago
[-] explodicle@local106.com 23 points 7 months ago

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

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[-] YoorWeb@lemmy.world 23 points 7 months ago* (last edited 7 months ago)

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

[-] treadful@lemmy.zip 17 points 7 months ago

That speech was worth $100m/yr, max

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[-] PunnyName@lemmy.world 20 points 7 months ago

Time for the guillotine.

[-] hperrin@lemmy.world 17 points 7 months ago

s/make/steal from Microsoft’s workers/

[-] rob_t_firefly@lemmy.world 17 points 7 months ago

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

[-] atro_city@fedia.io 15 points 7 months 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 7 months 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
436 points (96.6% liked)

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