Imagine trying to spend $5,000,000,000 a year on yourself? That’s ~$96,000,000 a week that you’d have to spend! It’s mind boggling.
Spend Bill Gates' money. Mind blown.
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Imagine trying to spend $5,000,000,000 a year on yourself? That’s ~$96,000,000 a week that you’d have to spend! It’s mind boggling.
If given the opportunity, I would absolutely give it one HELL of a go, and have a blast doing it. lol
$100 Billion in a charitable trust giving away 50% every year reinvesting the other 50%. $1 trillion charitable giving in 50 years and $13 trillion in 100 years given 10% return.
The rest of the $3 billion invested would give you $1.7 million a week in income after taxes.
Not a bad income...
The rest of the $3 billion invested would give you $1.7 million a week in income after taxes.
Not a bad income...
Yet they get tax cuts while their workers can't afford healthcare. Yes, this goes mostly at Amazon and Walmart workers, but I doubt even Microsoft has "awesome" healthcare.
Not sure if you can compare Microsoft bottom line people (software engineers w/ 4 yr degrees) with Amazon/Walmart bottom line people ( cashiers/warehouse workers with no degrees)
I too would like to give it a go at spending the money
Yea, I have to go with Godstang on that one. Not saying poor people don't deserve health care, but when you pay 30k-100k for a degree and you're educated/more capable than a 10 dollar jabroni, you're a bit more entitled to great benefits.
It's hard to imagine what living with that much money would be like. Remember your first job, and how little you made? At one time, gas money was 25% of my net paycheck. As you make more money, your lifestyle inevitably inflates with it, at varying levels depending on your self-discipline.
Eventually, fancy cars are "beneath" you. What's bigger? Islands. Yachts. Businesses. Billionaires aren't billionaires because they blow money- the ones that obtain that wealth keep it through wise choices (For the most part) or in the case of certain soggy-eyed bastards, corruption.
Point is, they are driven by the number, not necessarily the possessions.
Another comparison- ever played a video game with cheats enabled? Infinite money? It loses its challenge to work/grind for better stuff, so you shift your playing style to the next available challenge. For the record, cheats suck.
Eventually, fancy cars are "beneath" you. What's bigger? Islands. Yachts. Businesses. Billionaires aren't billionaires because they blow money- the ones that obtain that wealth keep it through wise choices (For the most part) or in the case of certain soggy-eyed bastards, corruption.
Point is, they are driven by the number, not necessarily the possessions.
Another comparison- ever played a video game with cheats enabled? Infinite money? It loses its challenge to work/grind for better stuff, so you shift your playing style to the next available challenge. For the record, cheats suck.
Ok, walmart managers still can't afford good health care.
I'll continue... how many walmart workers are on food stamps? All the while the family is worth billions, getting tax cuts, and then YOUR tax dollars are funding those food stamps.
I worked at walmart when I was in my late teens/early twenties, it was the cheapest health insurance of any company I've ever worked for. Something like $25 a week for the basic healthcare, I don't remember exact numbers but it was very reasonable. I would say that's more affordable than my last job which was $1750 a month for me and my wife.
Well look at it this way. Bill Gates and Jeff Bezos are going to die like everyone else. They are not taking their yachts and mansions with them. All that money and material goods means nothing at the end.
The bum who has nothing might welcome death. Gates would not. Some bum will outlive them. The bum will have a plastic bag to sleep in and have dreams and maybe even a decent meal from the trash of a nearby restaurant. A dead Gates would be eating nothing by comparison. So in the end the bum wins lol!
If he was generous enough to fix the roads in Michigan the money will go fast apparently. But it would be a temporary fix if you go by road construction standards here. Most companies doing road work in Michigan should be fired and told to go do another occupation - a brothel or somewhere else that might better suit their skills. They fail at road building. Time to bring in people from Ohio or other states that know how to build roads.
State of the State: What will it cost annually to 'fix the damn roads'? Start at $2.7 billion — and keep adding
It's funny because I actually say this to my father all the time. My family isn't rich by any means, we're well off. I always tell him you can't take all the money with you to the grave, enjoy life.
Only store managers make that kind of money. None of the lower managers make close to that.
Who bases their existence on death?
I don’t give a **** what I don’t have when I’m dead.. because I’m.... dead
I care about what I have while alive.
Every one of us will remember who Bill Gates was when he dies. None of us remember the bum.
Your thought process of the bum wins is the logic liberals live by.
He asked, I obliged. I get the cost of living is high in a lot of ways, and I get people should have a reasonable expectation of standard of living. But I also don't think society is personally responsible for providing anything more than life and liberty. A persons quality of life is up to them.
A serious issue is that the proportion of a persons expenses is much different. In Gates case, he could pay 100k a month for health insurance, and it would be less than 1% of his income. A low tiered employee at a fast food location, walmart, target, etc, they may pay 25 a week. That could be 5-10% of their total income. Which is a lot more valuable when you consider that their excess income is much smaller.
But just the same, does society deserve to pay for that disparity? Health care doesn't get any less expensive or important based on your income.
Totally agree with that. People looking for free healthcare and loan forgiveness need to understand this.
I dont completely disagree with. My thought on is that everyone that works should be able to get good health care at a price that is affordable. Some companies are great at offering great medical at a really good cost. Others not so much. One of the huge issue is. If you dont provide a livable wage people will just stop working and live off the system. Free money, free food, free housing, free medical. All which all of us working class people end up having to pay for all while our cost keep going up to pay for them.
Thing is, should you consider a walmart/fast food/low tier level job a career/long term financial solution?
No. You can't. You force 15-20 an hour on McDonalds, they will have every store in America down to two cooks, 1 manager, and one drive thru person. The rest will be auto tellers.
Walmart will go straight automated and Amazon level ship to home. And so on. Suddenly they're all out of work, quickly.
Affordable is a relative term. If you have 1 million in bills but make 30k a year, nothing is affordable. If you live with momma and are 35 with no debt, you can afford the 100 dollar insurance. Even if you work at Wally world.
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