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> Elon spent less than that to fund SpaceX and Tesla... So 100 million is enough to do quite a bit with? > that person that is capable of earning 100 million
by ceejayoz 5mo ago
> Elon spent less than that to fund SpaceX and Tesla...
So 100 million is enough to do quite a bit with?
> that person that is capable of earning 100 million will simply exit your tax jurisdiction
There are plenty of lower tax jurisdictions than Silicon Valley. Is it possible there's more to a jurisdiction than the raw marginal tax percentage it applies to one's paycheck?
- hparadiz 5mo agoIt's not enough to build a data center these days. Or even run the government for a day these days it seems. Or are you saying salaries need to come down?
- ceejayoz 5mo agoThe amount it costs to build a datacenter or run the government for a day is an unimaginable level of personal wealth to virtually every person on the planet.
- hparadiz 5mo agoMy own wealth now would be unimaginable to myself when I lived in the USSR. Maybe don't look at the bottom for what should be. There's never any imagination there. I know better than most.
- ceejayoz 5mo ago> Maybe don't look at the bottom for what should be. The people at the top should look at the bottom for what should not be. > My own wealth now would be unimaginable to myself when I lived in the USSR. Good! But apparently $100M isn't enough?
- hparadiz 5mo agoEnough is not for you to define. Or anyone. Please internalize that. It's part of something called freedom.
- ceejayoz 5mo ago> Enough is not for you to define. Or anyone. You might look at history for how the "let them eat cake" approach goes. > It's part of something called freedom. Freedom is more complicated than you make it out to be. https://en.wikipedia.org/wiki/Positive_liberty https://en.wikipedia.org/wiki/Positive_liberty https://en.wikipedia.org/wiki/Negative_liberty https://en.wikipedia.org/wiki/Negative_liberty One of the early things toddlers have to learn, in fact, is that their personal freedoms may be in conflict from the very legitimate freedoms of others.
- hparadiz 5mo agoThe average person in my area makes like 250-350k between two professionals being a couple. They will have 25 peak earning years where they earn like 240k after taxes but only spend 100k so that extra 140k goes into IRA/401k, and other investments, plus discretionary spend. They have 1 million in those accounts within 10 years and 3 million by the time they are in their 50s. That 40k per year you keep citing at that point is less than 2%. None of these people will vote for higher taxes and they keep winning elections. This isn't France and you're not gonna do shit.
- ceejayoz 5mo ago> The average person in my area makes like 250-350k between two professionals being a couple. Even in SF that's about double reality. https://www.census.gov/quickfacts/fact/table/sanfranciscocitycalifornia/PST045224 https://www.census.gov/quickfacts/fact/table/sanfranciscocit... > They will have 25 peak earning years where they earn like 240k after taxes but only spend 100k so that extra 140k goes into IRA/401k, and other investments, plus discretionary spend. Talking about an extra $140k a year for decades straight to put into savings as if it's the American norm illustrates just how deeply out of touch you are here. https://www.census.gov/library/publications/2025/demo/p60-286.html https://www.census.gov/library/publications/2025/demo/p60-28... "Median household income was $83,730 in 2024" > This isn't France and you're not gonna do shit. Yeah, Louis XVI thought the same.