this post was submitted on 28 Dec 2023
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A Boring Dystopia

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[–] Sasha@lemmy.blahaj.zone 165 points 11 months ago (4 children)

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

Fuck billionaires, leeches

[–] lemann@lemmy.dbzer0.com 68 points 11 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@lemmy.world 44 points 11 months ago (1 children)

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

[–] RobertOwnageJunior@lemmy.world 29 points 11 months ago (1 children)

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

[–] snekerpimp@lemmy.world 14 points 11 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 11 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 11 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@lemmy.world 21 points 11 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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[–] Sasha@lemmy.blahaj.zone 17 points 11 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@lemmy.world 11 points 11 months ago

I’ll meet you in the middle at 75

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[–] Whelks_chance@lemmy.world 6 points 11 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

[–] Blackmist@feddit.uk 7 points 11 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@lemmy.world 79 points 11 months ago (1 children)

Developers developers developers developers

[–] friend_of_satan@lemmy.world 29 points 11 months ago* (last edited 11 months ago) (1 children)

One of the only public statements he was right about.

[–] ThePowerOfGeek@lemmy.world 16 points 11 months ago (2 children)

YEEEEAAAAAAARRERRGGGGGGGHHHHH!!

[–] TheGreenGolem@lemmy.dbzer0.com 8 points 11 months ago

Okay, that too.

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[–] FrankTheHealer@lemmy.world 66 points 11 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@lemmy.world 21 points 11 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 11 months ago

Describes most billionaires actually

[–] Gloria@sh.itjust.works 63 points 11 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@lemmy.world 48 points 11 months ago (3 children)

it goes it goes it goes

GUILLOTINE

[–] ChickenLadyLovesLife@lemmy.world 11 points 11 months ago

DECAPITATORS DECAPITATORS DECAPITATORS!

[–] Emerald@lemmy.world 6 points 11 months ago (1 children)

No no no just make him work on the linux kernel

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[–] DaBPunkt@lemmy.world 37 points 11 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!

[–] towerful@programming.dev 8 points 11 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 11 months ago (2 children)

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lol

[–] explodicle@local106.com 8 points 11 months ago (2 children)
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[–] Twentytwodividedby7@lemmy.world 27 points 11 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@lemmy.world 66 points 11 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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[–] tastysnacks@programming.dev 30 points 11 months ago

Billionaires don't want to work anymore.

[–] Strawberry@lemmy.blahaj.zone 29 points 11 months ago

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

[–] FlyingSquid@lemmy.world 6 points 11 months ago

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

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[–] sturmblast@lemmy.world 26 points 11 months ago (1 children)

Ballmer further ruined Microsoft and gets rewarded. Gotta love capitalism

[–] m13@lemmy.world 31 points 11 months ago

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

Cool system guys.

[–] carl_dungeon@lemmy.world 25 points 11 months ago (1 children)
[–] explodicle@local106.com 23 points 11 months ago (2 children)

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

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[–] YoorWeb@lemmy.world 23 points 11 months ago* (last edited 11 months ago) (2 children)

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

[–] treadful@lemmy.zip 18 points 11 months ago

That speech was worth $100m/yr, max

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[–] PunnyName@lemmy.world 21 points 11 months ago

Time for the guillotine.

[–] hperrin@lemmy.world 17 points 11 months ago

s/make/steal from Microsoft’s workers/

[–] rob_t_firefly@lemmy.world 17 points 11 months ago

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

[–] atro_city@fedia.io 16 points 11 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@lemmy.world 8 points 11 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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