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 10 months ago by [email protected] to c/aboringdystopia

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[–] Whelks_chance 6 points 10 months 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 10 months 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 10 months 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 10 months 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.