this post was submitted on 28 Dec 2023
438 points (96.6% liked)

A Boring Dystopia

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[–] [email protected] 165 points 6 months ago (4 children)

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

Fuck billionaires, leeches

[–] [email protected] 68 points 6 months 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 44 points 6 months ago (1 children)

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

[–] RobertOwnageJunior 29 points 6 months ago (1 children)

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

[–] snekerpimp 14 points 6 months ago

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

[–] [email protected] 19 points 6 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 45 points 6 months 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 21 points 6 months 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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[–] [email protected] 17 points 6 months 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 11 points 6 months ago

I’ll meet you in the middle at 75

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[–] Whelks_chance 6 points 6 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 6 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.

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[–] chalupapocalypse 79 points 6 months ago (1 children)

Developers developers developers developers

[–] friend_of_satan 29 points 6 months ago* (last edited 6 months ago) (1 children)

One of the only public statements he was right about.

[–] ThePowerOfGeek 17 points 6 months ago (2 children)

YEEEEAAAAAAARRERRGGGGGGGHHHHH!!

[–] [email protected] 8 points 6 months ago

Okay, that too.

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[–] FrankTheHealer 66 points 6 months 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 21 points 6 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 64 points 6 months ago

Describes most billionaires actually

[–] [email protected] 63 points 6 months 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 48 points 6 months ago (3 children)

it goes it goes it goes

GUILLOTINE

[–] ChickenLadyLovesLife 11 points 6 months ago

DECAPITATORS DECAPITATORS DECAPITATORS!

[–] Emerald 6 points 6 months ago (1 children)

No no no just make him work on the linux kernel

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[–] DaBPunkt 38 points 6 months 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!

[–] [email protected] 9 points 6 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.

[–] [email protected] 29 points 6 months ago (2 children)

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lol

[–] [email protected] 8 points 6 months ago (2 children)
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[–] sturmblast 27 points 6 months ago (1 children)

Ballmer further ruined Microsoft and gets rewarded. Gotta love capitalism

[–] m13 32 points 6 months ago

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

Cool system guys.

[–] Twentytwodividedby7 27 points 6 months 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 66 points 6 months 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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[–] [email protected] 30 points 6 months ago

Billionaires don't want to work anymore.

[–] [email protected] 29 points 6 months ago

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

[–] FlyingSquid 6 points 6 months ago

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

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[–] carl_dungeon 25 points 6 months ago (1 children)
[–] [email protected] 23 points 6 months ago (2 children)

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

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[–] YoorWeb 23 points 6 months ago* (last edited 6 months ago) (2 children)

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

[–] [email protected] 18 points 6 months ago

That speech was worth $100m/yr, max

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[–] PunnyName 20 points 6 months ago

Time for the guillotine.

[–] hperrin 17 points 6 months ago

s/make/steal from Microsoft’s workers/

[–] rob_t_firefly 17 points 6 months ago

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

[–] [email protected] 15 points 6 months 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 8 points 6 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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