So I just read Bill Gates’ 1976 Open Letter To Hobbyists, in which he whines about not making more money from his software. You know, instead of being proud of making software that people wanted to use. And then the bastard went on and made proprietary licences for software the industry standard, holding back innovation and freedom for decades. What a douche canoe.
Well yes.
Being a Billionaire should be criminalized
I don’t mind billionaires as long as everything is fairly taxed.
It should be classified as a sign of mental illness. If I had half of a billion dollars I wouldn’t work another day in my life and the general public would never hear from me. These fuckers have more money than they could ever spend and still desperately want more.
It is. They call it hoarding disorder.
i don’t see the point. It really is fucking pointless. They will NEVER spend billions in their entire fucking life, and yet they want more. More money. More money. So much more money. We need to take after star trek and abolish money
I kinda compare it to semi truck weigh stations. I found out some time ago that if the math works out that a truck got from one weigh station to another too fast the driver can get a speeding ticket since its assumed they broke the law getting there. Apply that to money. If a person accumulates too much money, it should just be assumed that person broke laws getting it and they should be severly fined (like, most of it).
They’re not assuming anything, they are doing calculus.
i tried reading that article. I am waaaaaaaaay too dumb to understand it
It does not have to be your cup of tea, but for the record, reading math does not require being smart so much as being patient.
For the record, i literally said “if the math works out” 😁
I’m a little disappointed this wasn’t a link to the film strip we saw in high school. The cop drawling “Now this here is Rolle’s theorem…” is classic.
Edit: https://vimeo.com/101691769
You can be a billionaire if you are willing to pay a million per month as taxes.
That’s a rate of only 1.2% per year, was that your intention ?
oh man. Remember when the ultrawealthy were getting taxed like 80%? Those were the days
There were a lot of tax write offs through incentives which was a good thing because it actually encouraged rich people and businesses to be proactively productive towards the public good.
So done right, they paid nowhere near the 80%. Of course there was abuse and loopholes.
And off topic and contrary to popular thought, Jimmy Carter was the one who started deregulation in this area. He was trying to get the economy moving again and was taking a “reasonable” approach. Reagan took Carter’s idea and went on a heist with it to enrich buddies and doners
No, if he is earning a billion a year that’s too low. But most billionaire have familial wealth and might be earning a few millions in a month. I don’t mind taking a million or two off of it even if he is not earning anything.
Now the only thing I will say is that Bill Gates is giving away much of his fortune and yes it may be to his benefit to a point however other people are actually benefiting from him giving it away. Bill Gates even admits that most of what he did when he was younger was driven out agreed. However he is doing quite a bit to try to change that and make up for that.
His donation pledge was more of a flex because he’s increased his net worth more than he has donated. Also, people who were friends with Epstein should not get to decide where that money goes.