halfwaypost: iammyfather:halfwaypost:theyoungpatriot1776:lakeside-conservative: This is post i
halfwaypost: iammyfather: halfwaypost: theyoungpatriot1776: lakeside-conservative: This is post is clearly by someone who isn’t thinking and doesn’t know the first thing about how money works. Just filled with greed and envy. Do people not think he has utilities to pay for? Things he has to cover for his business? Just like every other person does? Forbes has calculated that Bezos is now making $1.5 billion a WEEK in net income. With a 90% tax rate on all his income (though the marginal tax rate he pays is actually after the first $10 million) he’ll still be making $150 million every single week. I think he’ll be fine. Meanwhile, Amazon workers are committing suicide from conditions described as a “colony of hell.” Perhaps you cannot imagine the gap of wealth between regular Americans and Jeff Bezos. Picture a staircase where every step equals $100,000 of net worth. Roughly 3/5ths of this country is not even on that first step. Millionaires are on the 11th step. Billionaires are on the 10,000th step. Jeff Bezos is so high up, his wealth breaks the staircase metaphor. Imagine the height of a staircase step: Bezos’s net worth would take him up 133 miles. Remember, a majority of Americans are inches up this staircase. While our country is literally devolving back into the developing world as we face unprecedented crises in dwindling water and environmental hospitality, I think it’s acceptable for Jeff Bezos, who is already 133 miles up in this metaphor, to start earning a mere $150 million per week. With a 90% tax rate it would be foolish to earn a billion dollars, for every $10 dollars you paid your employees you would NOT give the Government $9. I think you’re underestimating how many people are obsessed with earning money no matter the obstacles in the way. -- source link