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?

[Rjk]

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.

[delmbox]

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?!!

[cyril evans awaydays]

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!

[Rjk]

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

[delmbox]

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!!!

[A Quiet Monkfish]

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.

[Rjk]

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

[A Quiet Monkfish]

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..

[Rjk]

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.

[Optimistic Nick]

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.

[lisvaneblue]

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.

[Rjk]

Your reference source on Twitter has been debunked by other economists.

it was taken from a ny times article

[lisvaneblue]

it was taken from a ny times article

Have a look at the first reply to the article on Twitter

[dembethewarrior]

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?

[Rjk]

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

[xsnaggle]

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.

[Bluebirdman Of Alcathays]

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".

[lardy]

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?

[CCFCC3PO]

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.

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.

[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.

Updated now to 58.6 km or 200 billion dollars.

Or to put it another way - the euromillions prize when not on a roll over is usually about 14 million quid.
If you won that, and then won the next one, and the next one until you also had 2 billion how long would it take?

Well luckily there are 2 euromillions draws a week, so it would only take you a little over 137 years of winning every euromillions draw.

[splott parker]

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.

How would anybody get their hands on that much A4 paper? So that’s a load of old bollocks