this post was submitted on 04 Nov 2023
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[–] ObviouslyNotBanana@lemmy.world 132 points 1 year ago (3 children)

Only comment we really need imo

[–] littlewonder@lemmy.world 12 points 1 year ago (1 children)

I think we can go even harder.

This might qualify for a 👍🏻, or going all-in with a: "k". But idk, maybe we should save that for the next Elon headline.

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[–] OfficeMonkey@lemmy.today 70 points 1 year ago (2 children)

Wow. I'm sure this is completely unrelated to Washington state's proposed capital gains tax.

[–] Tujio@lemmy.world 16 points 1 year ago (1 children)

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.

[–] shalafi@lemmy.world 11 points 1 year ago

Uh, the interstate commerce clause merely states that Congress has the power to make laws regarding such commerce. What are you on about?

[–] shalafi@lemmy.world 3 points 1 year ago (2 children)

What's the skinny on that?

[–] 8bitguy@kbin.social 8 points 1 year ago

https://www.seattletimes.com/business/what-amazon-founder-jeff-bezos-move-from-seattle-has-to-do-with-taxes/

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.

[–] kinther@lemmy.world 3 points 1 year ago

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.

[–] ivanafterall@kbin.social 53 points 1 year ago (3 children)

Trump's based in Florida, Bezos is going there. If we can convince Musk to move there, we can just saw Florida off and let it drift off to sea.

[–] tacosanonymous@lemm.ee 21 points 1 year ago (2 children)

Also we have nukes that will go bad if we don’t use them.

[–] LeanFemurs@lemmy.world 7 points 1 year ago

It’s the only way to be sure.

[–] ivanafterall@kbin.social 5 points 1 year ago (3 children)

It's like the ultimate Viking burial.

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[–] SeaJ@lemm.ee 5 points 1 year ago

Bugs did nothing wrong.

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[–] hogunner@lemmy.world 42 points 1 year ago (1 children)

Aw, makes me wish Dexter was real.

[–] anon_8675309@lemmy.world 16 points 1 year ago (1 children)

If Dexter was real he could not afford that nice apartment anymore.

[–] gdog05@lemmy.world 7 points 1 year ago (3 children)

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.

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[–] columbus@lemmy.world 38 points 1 year ago

Like I give a shit

[–] andrew@lemmy.stuart.fun 38 points 1 year ago* (last edited 1 year ago) (2 children)

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.

[–] FlowVoid@lemmy.world 9 points 1 year ago (1 children)

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".

[–] andrew@lemmy.stuart.fun 12 points 1 year ago* (last edited 1 year ago)

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).

[–] GiddyGap@lemm.ee 4 points 1 year ago

All hail capitalism...

[–] vodkasolution@feddit.it 36 points 1 year ago (1 children)

Please please God, make de Santis do some weird s**t against Amazon for some dumb reason

[–] toiletobserver@lemmy.world 16 points 1 year ago (1 children)

Just tell him about amazons liberal culture, that should be plenty

[–] ahal@lemmy.ca 11 points 1 year ago

They force their warehouse workers to put pronouns on their name tags.

[–] Stuka@lemmy.world 24 points 1 year ago

WHO CARES. WHY POST THIS

[–] anon_8675309@lemmy.world 23 points 1 year ago

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.

[–] dhork@lemmy.world 17 points 1 year ago

Now we can call him Florida Man

[–] obelix@lemmy.world 15 points 1 year ago (5 children)

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.

[–] cantstopthesignal@sh.itjust.works 4 points 1 year ago (2 children)

One of the few no income tax states that's not a shitthole*

*If your rich

[–] elbarto777@lemmy.world 4 points 1 year ago* (last edited 1 year ago)

If you're* rich.

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[–] dtjones@lemmy.world 4 points 1 year ago (1 children)

It's also a state where your primary residence is shielded if you need to declare bankruptcy...

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[–] TokenBoomer@lemmy.world 14 points 1 year ago

Aquaman will defend Atlantis from his greed.

[–] tsonfeir@lemm.ee 11 points 1 year ago

This is so appropriate in so many ways.

Get the fuck out of here (PNW) Jeff.

[–] Maeve@kbin.social 7 points 1 year ago* (last edited 1 year ago)

For the cost of his one property just purchased, I could establish free good healthcare, education, housing and food * for myself, my kid and my entire county * for generations.

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[–] FReddit@lemmy.world 5 points 1 year ago

One more asshole in Florida. Big deal.

[–] Aussiemandeus@aussie.zone 4 points 1 year ago

And after 29 years in the Territory im moving to nsw.

Whoopty doo

[–] FrankTheHealer@lemmy.world 4 points 1 year ago

Can anyone in the Miami area egg his house please.

[–] sramder@lemmy.world 3 points 1 year ago (1 children)

Him and Pitbull need to start hanging out.

[–] Furedadmins@lemmy.world 6 points 1 year ago (1 children)

Pretty sure that no one has ever seen them at the same time.

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