5 ms·

That's not what that means at all. Founding a business requires a significant investment of capital.

emteycz 6y ago
It doesn't necessarily require the founder investing large amounts, Bezos began with a small investment - and a lot of ingenuity. My own business began this year with $0 and I'm way past $100k. I had to live in my car for two months, absolutely worth it though, it helped me focus like never before. I created excellent product and then spent a lot of time both online and offline finding customers. And now imagine you do this, and after all the shit you went through people start saying you don't deserve your money, completely ignoring the huge risk you made and the opportunity cost behind you, and that YOU MADE THE THING. What would you think?
- jamiltron 6y ago
  "A small investment" and the ability to take on risk sounds like a significantly privileged position the average worker is not afforded.
  - emteycz 6y ago
    Every single worker with a wage is more privileged than me - I had zero, no job, no house, and debt. Them not being able to take risks is just bullshit, they're simply afraid or don't even want to - and that is alright, people like me will happily employ them - unless employing or being in the state becomes too risky.
    - jamiltron 6y ago
      And I'm glad you're privileged enough to be here posting today, boasting of the wealth your workers generate for you :-)
      - sdfin 6y ago
        How do you define "privilege"? Isn't it another way of saying "wealth"?
        jamiltron 6y ago
        privilege, noun a special right, advantage, or immunity granted or available only to a particular person or group.
        sdfin 6y ago
        Using that definition, why would you say that emteycz has special rights or advantages or immunity?
        Pfhreak 6y ago
        Some advantages, I'm making assumptions here: A car? Access to the internet? Their mental and physical health? No dependents? It's unclear how emteycz fed, cleaned, and clothed themselves while they had debt and no home, but plausibly there's some assistance there. And the parent poster was talking about their privilege today in any case.
        emteycz 6y ago
        > a car $200 one > access to the internet McDonalds and KFC > Their mental and physical health Both nope > how emteycz fed, cleaned, and clothed themselves Black market jobs, and sometimes not much to eat. I had clothes from before. Zero assistance, that's how it is in our little social democratic republic.
- Pfhreak 6y ago
  Bezos started with hundreds of thousands of dollars and a secure living arrangement, from what I understand. And if you are making $100k, you aren't the target of anyone's tax plans.
  - leetcrew 6y ago
    nah, if you make $100k (especially if it's straight W-2 income) you have basically just entered the range where you have enough disposable cash to be worth taking but not enough to do anything about it. no one will say so explicitly, but this group is the prime target for taxation.
    - Pfhreak 6y ago
      In general, wealth taxes are not aimed at 100k earners. Neither are capital gains taxes. Nor are "tax the rich" movements. While yes, at 100K you can probably afford to pay some taxes, it's not where we should be looking to solve any real meaty problems.
deleted 6y ago
[deleted]

It doesn't necessarily require the founder investing large amounts, Bezos began with a small investment - and a lot of ingenuity. My own business began this year with $0 and I'm way past $100k. I had to live in my car for two months, absolutely worth it though, it helped me focus like never before. I created excellent product and then spent a lot of time both online and offline finding customers. And now imagine you do this, and after all the shit you went through people start saying you don't deserve your money, completely ignoring the huge risk you made and the opportunity cost behind you, and that YOU MADE THE THING. What would you think?

jamiltron 6y ago
"A small investment" and the ability to take on risk sounds like a significantly privileged position the average worker is not afforded.
- emteycz 6y ago
  Every single worker with a wage is more privileged than me - I had zero, no job, no house, and debt. Them not being able to take risks is just bullshit, they're simply afraid or don't even want to - and that is alright, people like me will happily employ them - unless employing or being in the state becomes too risky.
  - jamiltron 6y ago
    And I'm glad you're privileged enough to be here posting today, boasting of the wealth your workers generate for you :-)
    - sdfin 6y ago
      How do you define "privilege"? Isn't it another way of saying "wealth"?
      - jamiltron 6y ago
        privilege, noun a special right, advantage, or immunity granted or available only to a particular person or group.
        sdfin 6y ago
        Using that definition, why would you say that emteycz has special rights or advantages or immunity?
        Pfhreak 6y ago
        Some advantages, I'm making assumptions here: A car? Access to the internet? Their mental and physical health? No dependents? It's unclear how emteycz fed, cleaned, and clothed themselves while they had debt and no home, but plausibly there's some assistance there. And the parent poster was talking about their privilege today in any case.
        emteycz 6y ago
        > a car $200 one > access to the internet McDonalds and KFC > Their mental and physical health Both nope > how emteycz fed, cleaned, and clothed themselves Black market jobs, and sometimes not much to eat. I had clothes from before. Zero assistance, that's how it is in our little social democratic republic.
Pfhreak 6y ago
Bezos started with hundreds of thousands of dollars and a secure living arrangement, from what I understand. And if you are making $100k, you aren't the target of anyone's tax plans.
- leetcrew 6y ago
  nah, if you make $100k (especially if it's straight W-2 income) you have basically just entered the range where you have enough disposable cash to be worth taking but not enough to do anything about it. no one will say so explicitly, but this group is the prime target for taxation.
  - Pfhreak 6y ago
    In general, wealth taxes are not aimed at 100k earners. Neither are capital gains taxes. Nor are "tax the rich" movements. While yes, at 100K you can probably afford to pay some taxes, it's not where we should be looking to solve any real meaty problems.

deleted 6y ago

[deleted]