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.
lemann@lemmy.dbzer0.com 10 months ago
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 10 months ago
It’s a mental disorder, similar to hoarding, and they all need psychological help.
RobertOwnageJunior@lemmy.world 10 months ago
And the saddest thing about it is that a lot of people admire it.
snekerpimp@lemmy.world 10 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 10 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.