A Boring Dystopia

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Steve Ballmer is set to make $1 billion a year for doing nothing | CNN Business (edition.cnn.com)

submitted 1 year ago by [email protected] to c/aboringdystopia

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[–] Whelks_chance 6 points 1 year 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

[–] [email protected] 7 points 1 year 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.

[–] Whelks_chance 4 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

[–] danc4498 1 points 1 year ago

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.