Wow. I'm sure this is completely unrelated to Washington state's proposed capital gains tax.
this post was submitted on 04 Nov 2023
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Eh. Bezos is rich enough he doesn't pay taxes. He'd just move his assets into a different state and claim the interstate commerce clause or some shit.
Uh, the interstate commerce clause merely states that Congress has the power to make laws regarding such commerce. What are you on about?
What's the skinny on that?
I'd like to pile on because I agree with the sentiment, but in reality it probably doesn't even make a dent in his wallet or thought process.
It taxes assets 1% on anything you own over $250 million, per year. If you own $251 million in assets, it would be $10,000 you owe on top of whatever other capital gains.
Note that Washington state has no income tax, so the state legislature is trying to find a way to bring in more funding for things we need.
Like I give a shit
Aw, makes me wish Dexter was real.
If Dexter was real he could not afford that nice apartment anymore.
The storyline would revolve around him needing a roommate and then his roommate being invasive and eventually finding out that the roommate killed some people on purpose a few years back and... He's going to need a new roommate. One per season.
It's the quirky 80s comedy spinoff where the lovable goofball Dexter just can't keep a roommate, and his friends don't get why since he's just so darn swell.
He could room with serial killers. That way, when they find out about him, he can hunt and kill them.
I'd watch this reboot.
Please please God, make de Santis do some weird s**t against Amazon for some dumb reason
Just tell him about amazons liberal culture, that should be plenty
They force their warehouse workers to put pronouns on their name tags.
He spent 75 million for the house next to one he already owned. He's worth $156 billion.
Let's say you have 100k in the bank. The equivalent purchase for you would be something costing roughly $50. He bought a mansion worth more than I'll ever see for proportionally less than what I would spend on an AAA video game.
Oh and it'll either hold value or appreciate, so he will likely just make more money on it. Or at the very least pay relatively a lot less once he decides to sell.
Let's say you have 100k in the bank. The equivalent purchase for you
Not necessarily a good comparison, because most people with 100K in the bank have a higher income/savings ratio than Bezos (whose income is basically just the return on his wealth).
So it would be more accurate to say, "Let's say you are retired with 100K in the bank. The equivalent expense for you would be $50.64".
Yeah that's fair. But also it's realistically vastly more complicated and almost incomparable because with $156B you can actually manipulate markets to improve your returns. People will buy your house at a premium to say they own Jeff Bezos' previous property. Etc. Beyond the direct ratio comparison, there are so many fundamentally inequal parts about wealth at that scale.
Say he earns less than a high yield savings account for a year (~4.5% currently), he can retire on only that year's income with over 7 billion in the bank and this purchase would be more like someone with 100k saved spending 1k (on a house).
All hail capitalism...
WHO CARES. WHY POST THIS
Well at least when it floods in 10 years he can live on his super yacht. Or that big ass yacht that pulls his super yacht.
Now we can call him Florida Man
Aquaman will defend Atlantis from his greed.
Trump’s based there, Ken Griffin, now Bezos…it’s almost as if they’re moving somewhere that will allow them to make a quick getaway on their mega yachts. Well, except Donny, he’s probably only got a pedalo.
It's also a state where your primary residence is shielded if you need to declare bankruptcy...
Ah I didn’t know that! Makes sense.
One of the few no income tax states that's not a shitthole*
*If your rich
If you're* rich.
The article says he's moving from Seattle. Washington is also one of the 9 states with no income tax.
This is so appropriate in so many ways.
Get the fuck out of here (PNW) Jeff.
One more asshole in Florida. Big deal.
And after 29 years in the Territory im moving to nsw.
Whoopty doo
Him and Pitbull need to start hanging out.
Pretty sure that no one has ever seen them at the same time.
Jeff Bezos is just Pitbull on stilts! You heard it here first Lemmy ;-)
Can anyone in the Miami area egg his house please.
Moving closer to his girlfriend's doctor, most likely.
The Parasite Class can WFH all they want, and the company will be no different, but woe if even one healthy worker gets to fully WFH.
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