▲ 1387 ▼ Own your own fucking responsibility (lemmy.dbzer0.com) submitted 7 months ago by Stamets@lemmy.dbzer0.com to c/whitepeopletwitter@sh.itjust.works 141 comments fedilink hide all child comments
[–] canihasaccount@lemmy.world 18 points 7 months ago (3 children) I thought that was Gabe Newell permalink fedilink source parent hideshow 6 child comments replies: [–] village604@adultswim.fan 3 points 7 months ago (3 children) Gabe actually does good, though. Valve has been a major contributor to several open source products permalink fedilink source parent hideshow 6 child comments replies: [–] canihasaccount@lemmy.world 12 points 7 months ago Taylor Swift also arguably contributes something of value--music that a lot of people really like. Doesn't mean either of them should be able to amass that much wealth. The tax system in the US is broken. In the US in 1961, for example, stock buybacks were illegal (so stocks paid dividends, which are taxable income), and any income above $32,000/year was taxed at 50%, up to a marginal tax rate of 91% for any income above $400,000/year. In contrast, the highest marginal tax rate in the US in 2024 was 37% for any income above $731,200/year, and companies buy back stocks rather than issuing dividends most of the time. Further, most millionaires and billionaires amass wealth through stocks rather than income, using loans against stocks for cash, meaning they pay almost no taxes and continue to amass personal wealth. permalink fedilink source parent [–] noodlejetski@piefed.social 7 points 7 months ago and at the same time makes bank from kids gambling with Counter Strike skins, so a bit of a mixed bag there permalink fedilink source parent [–] sleep_deprived@lemmy.dbzer0.com 1 point 7 months ago Does good != does only good Does good != does good on average Does good != is good permalink fedilink source parent [–] cassandrafatigue@lemmy.dbzer0.com 1 point 7 months ago I'll fangirl while I place the basket for his head. permalink fedilink source parent [–] ikidd@lemmy.world -1 points 7 months ago (1 child) I would hazard a guess that Gabe rarely leaves the house. He's probably more carbon-neutral than 90% of the self-congratulatory twats on this platform. permalink fedilink source parent hideshow 2 child comments replies: [–] Evkob@lemmy.ca 5 points 7 months ago (1 child) The man owns six (6) yachts. Carbon-neutral my fucking ass. permalink fedilink source parent hideshow 2 child comments replies: [–] cassandrafatigue@lemmy.dbzer0.com 1 point 7 months ago To be fair they did say more neutral. I'm not sure the carbon math on yachts vs jets, but he is a gamer, and that's a relatively green hobby for a billionaire. permalink fedilink source parent
[–] village604@adultswim.fan 3 points 7 months ago (3 children) Gabe actually does good, though. Valve has been a major contributor to several open source products permalink fedilink source parent hideshow 6 child comments replies: [–] canihasaccount@lemmy.world 12 points 7 months ago Taylor Swift also arguably contributes something of value--music that a lot of people really like. Doesn't mean either of them should be able to amass that much wealth. The tax system in the US is broken. In the US in 1961, for example, stock buybacks were illegal (so stocks paid dividends, which are taxable income), and any income above $32,000/year was taxed at 50%, up to a marginal tax rate of 91% for any income above $400,000/year. In contrast, the highest marginal tax rate in the US in 2024 was 37% for any income above $731,200/year, and companies buy back stocks rather than issuing dividends most of the time. Further, most millionaires and billionaires amass wealth through stocks rather than income, using loans against stocks for cash, meaning they pay almost no taxes and continue to amass personal wealth. permalink fedilink source parent [–] noodlejetski@piefed.social 7 points 7 months ago and at the same time makes bank from kids gambling with Counter Strike skins, so a bit of a mixed bag there permalink fedilink source parent [–] sleep_deprived@lemmy.dbzer0.com 1 point 7 months ago Does good != does only good Does good != does good on average Does good != is good permalink fedilink source parent
[–] canihasaccount@lemmy.world 12 points 7 months ago Taylor Swift also arguably contributes something of value--music that a lot of people really like. Doesn't mean either of them should be able to amass that much wealth. The tax system in the US is broken. In the US in 1961, for example, stock buybacks were illegal (so stocks paid dividends, which are taxable income), and any income above $32,000/year was taxed at 50%, up to a marginal tax rate of 91% for any income above $400,000/year. In contrast, the highest marginal tax rate in the US in 2024 was 37% for any income above $731,200/year, and companies buy back stocks rather than issuing dividends most of the time. Further, most millionaires and billionaires amass wealth through stocks rather than income, using loans against stocks for cash, meaning they pay almost no taxes and continue to amass personal wealth. permalink fedilink source parent
[–] noodlejetski@piefed.social 7 points 7 months ago and at the same time makes bank from kids gambling with Counter Strike skins, so a bit of a mixed bag there permalink fedilink source parent
[–] sleep_deprived@lemmy.dbzer0.com 1 point 7 months ago Does good != does only good Does good != does good on average Does good != is good permalink fedilink source parent
[–] cassandrafatigue@lemmy.dbzer0.com 1 point 7 months ago I'll fangirl while I place the basket for his head. permalink fedilink source parent
[–] ikidd@lemmy.world -1 points 7 months ago (1 child) I would hazard a guess that Gabe rarely leaves the house. He's probably more carbon-neutral than 90% of the self-congratulatory twats on this platform. permalink fedilink source parent hideshow 2 child comments replies: [–] Evkob@lemmy.ca 5 points 7 months ago (1 child) The man owns six (6) yachts. Carbon-neutral my fucking ass. permalink fedilink source parent hideshow 2 child comments replies: [–] cassandrafatigue@lemmy.dbzer0.com 1 point 7 months ago To be fair they did say more neutral. I'm not sure the carbon math on yachts vs jets, but he is a gamer, and that's a relatively green hobby for a billionaire. permalink fedilink source parent
[–] Evkob@lemmy.ca 5 points 7 months ago (1 child) The man owns six (6) yachts. Carbon-neutral my fucking ass. permalink fedilink source parent hideshow 2 child comments replies: [–] cassandrafatigue@lemmy.dbzer0.com 1 point 7 months ago To be fair they did say more neutral. I'm not sure the carbon math on yachts vs jets, but he is a gamer, and that's a relatively green hobby for a billionaire. permalink fedilink source parent
[–] cassandrafatigue@lemmy.dbzer0.com 1 point 7 months ago To be fair they did say more neutral. I'm not sure the carbon math on yachts vs jets, but he is a gamer, and that's a relatively green hobby for a billionaire. permalink fedilink source parent