That's the one thing that makes sense to me. If Bezos really does make 78 billion every year what difference is 100 million going to make? That's the only thing I can agree with that old commie with.
No offense to you, but that's exactly the reason why most commies exist. They don't understand economics well enough to understand why their ideas don't make sense.
Bezos could try to free up capital, but it would essentially be selling away his ownership of Amazon. If he freed up all 78 bn he would no longer have any stake in Amazon, and they likely would stop listening to him as a result. (It also would cause the stock to tank, and the valuation would go down resulting in him getting less than 78 bn in total)
Every year that Amazon gains value, Bezos gets gains on paper, but those gains won't be realized until he gives up part of his stake in Amazon, meaning his future gains will be lower.
Thank you for clearing that up and none taken. I'm trying to understand economics but for some reason that subject is hard for me to wrap my head around.
No offense to you, but that's exactly the reason why most commies exist. They don't understand economics well enough to understand why their ideas don't make sense.
Agree 100%.
There's some great videos on YouTube about how millions of people died in China. In a nutshell, political agitators were able to get the peasants to rebel against the middle class. There were a lot of show trials and a lot of middle class people were hung or tortured to death.
If you've ever met a Bernie Bros who works for minimum wage, you can see how that could turn out. A lot of Bernie Bros are broke and hate their boss with a burning passion.
After China killed a ton of the middle class, the idea was that the peasants would "share the wealth." Basically the idea of Chinese Communism was that the land owners and the business owners were "stealing" from their employees. If you've heard Bernie Bros talk about how low wages are "theft", it's the exact same idea.
And then something unexpected happened:
It turned out that the farms were wildly inefficient and unproductive when you take the owners and hang them from a rope.
Productivity dropped like a rock, and millions of people died.
It's almost as if managers are rewarded for increasing and leveraging the productivity of their employees, and when you literally murder the managers, the enterprise crumbles.
That's the one thing that makes sense to me. If Bezos really does make 78 billion every year what difference is 100 million going to make? That's the only thing I can agree with that old commie with.
He doesn't. That's probably his net worth, most of which is tied up in stock.
I see that now. I still don't understand the difference though.
No offense to you, but that's exactly the reason why most commies exist. They don't understand economics well enough to understand why their ideas don't make sense.
Bezos could try to free up capital, but it would essentially be selling away his ownership of Amazon. If he freed up all 78 bn he would no longer have any stake in Amazon, and they likely would stop listening to him as a result. (It also would cause the stock to tank, and the valuation would go down resulting in him getting less than 78 bn in total)
Every year that Amazon gains value, Bezos gets gains on paper, but those gains won't be realized until he gives up part of his stake in Amazon, meaning his future gains will be lower.
Thank you for clearing that up and none taken. I'm trying to understand economics but for some reason that subject is hard for me to wrap my head around.
Agree 100%.
There's some great videos on YouTube about how millions of people died in China. In a nutshell, political agitators were able to get the peasants to rebel against the middle class. There were a lot of show trials and a lot of middle class people were hung or tortured to death.
If you've ever met a Bernie Bros who works for minimum wage, you can see how that could turn out. A lot of Bernie Bros are broke and hate their boss with a burning passion.
After China killed a ton of the middle class, the idea was that the peasants would "share the wealth." Basically the idea of Chinese Communism was that the land owners and the business owners were "stealing" from their employees. If you've heard Bernie Bros talk about how low wages are "theft", it's the exact same idea.
And then something unexpected happened:
It turned out that the farms were wildly inefficient and unproductive when you take the owners and hang them from a rope.
Productivity dropped like a rock, and millions of people died.
It's almost as if managers are rewarded for increasing and leveraging the productivity of their employees, and when you literally murder the managers, the enterprise crumbles.
Wouldn't matter if he brings home 78 katrillion jillion billion a month. It's his.
Slap a flat 10% Income Tax on everyone and let it go at that.