this post was submitted on 28 Dec 2023
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A Boring Dystopia

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[–] Sasha@lemmy.blahaj.zone 142 points 1 year ago (4 children)

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

Fuck billionaires, leeches

[–] lemann@lemmy.dbzer0.com 59 points 1 year ago (1 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

[–] Sasha@lemmy.blahaj.zone 16 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 36 points 1 year ago (5 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@lemmy.world 17 points 1 year 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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[–] Sasha@lemmy.blahaj.zone 14 points 1 year 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@lemmy.world 9 points 1 year ago

I’ll meet you in the middle at 75

[–] fsxylo@sh.itjust.works 4 points 1 year ago

I'd back tax them.

[–] Whelks_chance@lemmy.world 2 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

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[–] Gloria@sh.itjust.works 62 points 1 year 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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[–] chalupapocalypse@lemmy.world 60 points 1 year ago (1 children)

Developers developers developers developers

[–] friend_of_satan@lemmy.world 20 points 1 year ago* (last edited 1 year ago) (1 children)

One of the only public statements he was right about.

[–] ThePowerOfGeek@lemmy.world 9 points 1 year ago (1 children)

YEEEEAAAAAAARRERRGGGGGGGHHHHH!!

Okay, that too.

[–] phoneymouse@lemmy.world 59 points 1 year ago

Describes most billionaires actually

[–] FrankTheHealer@lemmy.world 53 points 1 year 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@lemmy.world 15 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

[–] crsu@lemmy.world 33 points 1 year ago (3 children)

it goes it goes it goes

GUILLOTINE

DECAPITATORS DECAPITATORS DECAPITATORS!

[–] Emerald@lemmy.world 3 points 1 year ago (1 children)

No no no just make him work on the linux kernel

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[–] AngelJamie@lemmy.blahaj.zone 2 points 1 year ago* (last edited 1 year ago)
[–] Twentytwodividedby7@lemmy.world 27 points 1 year ago (8 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@lemmy.world 57 points 1 year 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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[–] tastysnacks@programming.dev 27 points 1 year ago

Billionaires don't want to work anymore.

[–] Strawberry@lemmy.blahaj.zone 26 points 1 year ago

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

[–] Mango@lemmy.world 12 points 1 year ago (2 children)

Stocks shouldn't exist. Fight me.

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[–] ramble81@lemm.ee 4 points 1 year ago

Isn’t that the “doing nothing” part of the title?

[–] 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.

[–] Bleach7297@lemmy.ca 3 points 1 year ago* (last edited 1 year ago)

The stock market is perverse.

It is supposed to be a tool that allows people to support promising ventures that they believe in, and allows them to profit from the venture if it is successful.

Instead it's a race to the bottom, where companies have a feduciary duty to their investors to make them as much profit as possible. This is the ultimate driver of enshittification.

Adam Smith was a smart guy, but he never saw Milton Friedman coming.

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[–] ddnomad@infosec.pub 26 points 1 year ago (2 children)

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lol

[–] explodicle@local106.com 7 points 1 year ago (2 children)
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[–] PunnyName@lemmy.world 22 points 1 year ago

Time for the guillotine.

[–] YoorWeb@lemmy.world 22 points 1 year ago* (last edited 1 year ago) (1 children)

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

[–] treadful@lemmy.zip 16 points 1 year ago

That speech was worth $100m/yr, max

[–] carl_dungeon@lemmy.world 20 points 1 year ago (1 children)
[–] explodicle@local106.com 17 points 1 year ago (1 children)

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

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[–] hperrin@lemmy.world 16 points 1 year ago

s/make/steal from Microsoft’s workers/

[–] sturmblast@lemmy.world 13 points 1 year ago

Ballmer further ruined Microsoft and gets rewarded. Gotta love capitalism

[–] atro_city@fedia.io 12 points 1 year 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@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.

[–] Reddfugee42@lemmy.world 3 points 1 year ago

This is perfectly fine, but an extreme wealth tax would be wrong.

[–] Logh@lemmy.ml 2 points 1 year ago

So much for the excuse “honey, I’m working late again”

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