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Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a billio?
Spoiler. He didn't walk.
May want to skip to near the end.
https://youtu.be/8YUWDrLazCg
Just to put into perspective how rich some people actually are.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
He picked a nice day for it.
Just think, Jeff Bezos is worth $188 Billion and the only thing he can think to do with it is build a rocket shaped like a cock. What a wanker.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
NYCBlue
He picked a nice day for it.
Just think, Jeff Bezos is worth $188 Billion and the only thing he can think to do with it is build a rocket shaped like a cock. What a wanker.
I saw a thing on reddit where you had to scroll to a billion, then scroll to Jeff Bezos wealth. I gave up.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
NYCBlue
He picked a nice day for it.
Just think, Jeff Bezos is worth $188 Billion and the only thing he can think to do with it is build a rocket shaped like a cock. What a wanker.
I remember someone telling me the problem with the world today can be demonstrated with a lined sheet of A4 paper.
if you hold it in portrait orientation, and the bottom of the page is £0 and the top of the page is £1 million, most people in the world are below the bottom line of the paper, most people in the UK are pretty close to the bottom of the page. these people could only dream of one day getting up to the top of one piece of paper.
if you pictures Jeff bezos' wealth in the same way, you would have a stack of A4 papers stretching 55km into the air.
you wouldn't be able to see the top.
billionaires shouldn't exist.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
I remember someone telling me the problem with the world today can be demonstrated with a lined sheet of A4 paper.
if you hold it in portrait orientation, and the bottom of the page is £0 and the top of the page is £1 million, most people in the world are below the bottom line of the paper, most people in the UK are pretty close to the bottom of the page. these people could only dream of one day getting up to the top of one piece of paper.
if you pictures Jeff bezos' wealth in the same way, you would have a stack of A4 papers stretching 55km into the air.
you wouldn't be able to see the top.
billionaires shouldn't exist.
that's crazy, 55km?!!
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
delmbox
that's crazy, 55km?!!
You wouldn't be able to see the top of a pile of A4 papers stretching 55km in the Mesosphere. How mad is that!
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
delmbox
that's crazy, 55km?!!
Yes its even madder than i remembered, so I had to check my working twice just to make sure it was right
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
Yes its even madder than i remembered, so I had to check my working twice just to make sure it was right
But that's almost 56km!!!
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
I remember someone telling me the problem with the world today can be demonstrated with a lined sheet of A4 paper.
if you hold it in portrait orientation, and the bottom of the page is £0 and the top of the page is £1 million, most people in the world are below the bottom line of the paper, most people in the UK are pretty close to the bottom of the page. these people could only dream of one day getting up to the top of one piece of paper.
if you pictures Jeff bezos' wealth in the same way, you would have a stack of A4 papers stretching 55km into the air.
you wouldn't be able to see the top.
billionaires shouldn't exist.
In the UK the top 3% pay 27% of all taxes. Bezoz pays around half a billion USD in personal tax per annum. Then add up all the tax his employees earn across the globe, the goods and services they buy etc,etc.
Where does the money come from to pay for public services ? Certainly not the 45% of adults in the UK who don't contribute at all.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
A Quiet Monkfish
In the UK the top 3% pay 27% of all taxes. Bezoz pays around half a billion USD in personal tax per annum. Then add up all the tax his employees earn across the globe, the goods and services they buy etc,etc.
Where does the money come from to pay for public services ? Certainly not the 45% of adults in the UK who don't contribute at all.
they should pay even more, they have a lot more that 27% of the wealth.
Bezos paying 500million out of a fortune of 188bn is pathetic.
the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
they should pay even more, they have a lot more that 27% of the wealth.
Bezos paying 500million out of a fortune of 188bn is pathetic.
the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19
That's his personal tax liability. True Amazon don't pay enough tax but rich people - however much you don't like them - help pay for the services that those who don't pay tax, use. All these things cost money - lots and lots of it. We're going to find that out pretty soon..
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
A Quiet Monkfish
That's his personal tax liability. True Amazon don't pay enough tax but rich people - however much you don't like them - help pay for the services that those who don't pay tax, use. All these things cost money - lots and lots of it. We're going to find that out pretty soon..
they don't help enough though, the rich should pay more tax.
Amazon have some shocking tax practices, Jeff Bezos paying a miniscule percentage of tax doesn't make up for that by a long shot.
your figure of 45% who "don't contribute" only applies to income tax - there are other taxes.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
they should pay even more, they have a lot more that 27% of the wealth.
Bezos paying 500million out of a fortune of 188bn is pathetic.
the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19
The UK taxes income, not wealth.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
they should pay even more, they have a lot more that 27% of the wealth.
Bezos paying 500million out of a fortune of 188bn is pathetic.
the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19
Your reference source on Twitter has been debunked by other economists.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
they should pay even more, they have a lot more that 27% of the wealth.
Bezos paying 500million out of a fortune of 188bn is pathetic.
the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19
Are you taxed on your personal wealth annually? Or taxed on what you earn?
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
dembethewarrior
Are you taxed on your personal wealth annually? Or taxed on what you earn?
either way do you think Jeff Bezos pays a fair amount of tax?
Amazon has only been going 25 years, yet he's amassed a ridiculous personal fortune in that period
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
lisvaneblue
Your reference source on Twitter has been debunked by other economists.
it was taken from a ny times article
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
it was taken from a ny times article
Have a look at the first reply to the article on Twitter
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
dembethewarrior
I saw a thing on reddit where you had to scroll to a billion, then scroll to Jeff Bezos wealth. I gave up.
https://mkorostoff.github.io/1-pixel-wealth/
This?
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
Rjk
either way do you think Jeff Bezos pays a fair amount of tax?
Amazon has only been going 25 years, yet he's amassed a ridiculous personal fortune in that period
If he earns it why shouldn't he have it? If people cannot keep what they earn they'll stop bothering and the world will go to rat shit. you can't level up you can only level down.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
xsnaggle
If he earns it why shouldn't he have it? If people cannot keep what they earn they'll stop bothering and the world will go to rat shit. you can't level up you can only level down.
Define "earn".
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
xsnaggle
If he earns it why shouldn't he have it? If people cannot keep what they earn they'll stop bothering and the world will go to rat shit. you can't level up you can only level down.
What if he's 'earned' it by taking advantage of his low paid employees?
Did Victorian estate owners who housed their workers in hovels 'earn' their riches?
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
xsnaggle
If he earns it why shouldn't he have it? If people cannot keep what they earn they'll stop bothering and the world will go to rat shit. you can't level up you can only level down.
:hehe: Yep, I'd hate to see the world go to rat shit. Imagine what that would look like, if you can't, just pick up a newspaper and pretend not to read it.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
lardy
What if he's 'earned' it by taking advantage of his low paid employees?
Did Victorian estate owners who housed their workers in hovels 'earn' their riches?
I do the Euromillions and, when the prize gets to really crazy numbers (£115m) I have worked out I would probably give £110m away to friends, family, and other causes and still have a stupidly healthy bank account, a paid for house, a nice car every year, and time to go on holiday.
Bezos is worth 1,635 times a £115m lottery win. What can he need the money for?
If he shared the money out, everyone's lives would improve. It may even act as a great motivator (I started as a teacher, and it was a motivational tool to think of helping kids improve their education and their lives). I left to join a firm, and was earning £40,000 a year. That was fine for me. Was offered a manager's role at £55,000 and, looked at my lack of debts, looked at my great work-life balance (at the time), realised my house was big enough (so was the mortgage), and don't really fancy a new car every 12 months and said "no ta".
I can't really understand the concept of needing more money when you already have plenty. Footballers bartering over an extra £10k a week when already earning £120k a week just seems greedy.
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Re: Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a bil
Quote:
Originally Posted by
lardy
What if he's 'earned' it by taking advantage of his low paid employees?
Did Victorian estate owners who housed their workers in hovels 'earn' their riches?
I don't know. You tell me?
