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Mildly Infuriating @lemmy.world

FeloniousPunk @lemmy.today

3d ago

Vomit-inducing article about Jeff Bezos’s obscene wealth

luxurylaunches.com Jeff Bezos, in the early days of Amazon, had to take 60 meetings and persuade scores of investors just to raise a million dollars. Now, the philanthropist, who is the second richest person on the planet, spends over $5 million every week just to maintain his superyachts - Luxurylaunches

Here’s another article about how rich Jeff Bezos is. Be sure to have a barf bag at the ready.

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The Koru is a 416-foot masterpiece with three towering masts, each standing 230 feet tall, that harness kinetic energy to propel the vessel. The yacht is so massive that, for it to leave the shipyard after completion, a historic bridge in Rotterdam had to be dismantled. Bezos even offered to fund the dismantling and reconstruction of the 95-year-old De Hef bridge but later abandoned the plan amid public outcry. Eventually, Koru was towed away without her masts, which were later assembled.
The tone of this article is astonishing. "He even offered to pay to vandalise a historic building", how selfless..
- Eventually, Koru was towed away without her masts, which were later assembled.
  It’s bonkers that this was an option but they still intended to dismantle the bridge instead.
  
  Dismantle bridge option was initially chosen because it was believed the tax payers would foot the bill... I guarantee it.
- Hold on, give the author a minute, this is just foreplay. It’s a good idea to stretch a bit before committing to the deepthroat.

The title of the article was vomit inducing. I hate myself a lot, but not enough to read past that.

Philanthropist? More like Philanthrapist, amiright?
- This isn't “vomit-inducing”, it's rage-inducing.
  If someone can give away 99% of their hoarded wealth, and still be a MULTI BILLIONAIRE, you know that the global community needs to come together and put caps on personal wealth. Taxing them isn't enough.
  
  Not all wealth is a problem. His yachts and their maintenance isn't actually the problem here: that money was spent. That money put shipbuilders and maintainers to work. The assets he gets from spending isn't the problem.
  The problem is his registered securities: his stocks, bonds, and other financial assets. These assets aren't just wealth. They generate wealth by taking it from the working class.
  What we need is a tax on all registered securities. We will exempt the first $10 million held by a natural person. This tax is payable in shares of the security. IRS liquidators will offer these shares in small lots, comprising no more than 1% of total traded volume. This minimizes the effect of the sale of these shares on their value.
  The only way to keep those shares untaxed is for a natural person to hold them. They will have greater value in the hands of the working class than the ultra-rich. This tax structure will shift ownership of companies toward the working class.
  Every McDonald's employee should be compensated, in part, with shares in the company.

I bet Bozos is absolutely livid about not "investing" in a presidency. He can brag about his yachts all he wants but can he say he bought a president? NoOoOo!

I guess it's just about the prominence of owning crap but even if I was stupid rich I feel like I could just pay an obscene amount to rent a yacht?

I don't set why this makes you mad. I fail to see how this is mildly infuriating let alone vomit inducing.

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