EAs shocked to discover how billionaires make their money (forum.effectivealtruism.org)

submitted 7 months ago by dgerard@awful.systems to c/sneerclub@awful.systems

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[-] maol@awful.systems 17 points 7 months ago

"There’s a lot of money going after a billionaire for tax evasion but not in someone having a side hustle where they make money under the table selling $50k worth of widgets per year."

Lol and indeed lmao. "One death is a tragedy, a million is a statistic".

(...and who has a """side hustle""" with a $50k p.a turnover?! At that point it is no longer a side hustle)

[-] jonhendry@awful.systems 11 points 7 months ago

"widgets" must be a euphemism for "opioids"

[-] mpk@awful.systems 10 points 7 months ago

It’s a sign of how completely economically detached from reality these guys are. The annual turnover threshold here for mandatory VAT registration is around €35k, and a lot of small businesses don’t even reach that. Selling widgets and turning over €50k max would not be considered to be minor tax evasion..

this post was submitted on 29 Jan 2024

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Hurling ordure at the TREACLES, especially those closely related to LessWrong.

AI-Industrial-Complex grift is fine as long as it sufficiently relates to the AI doom from the TREACLES. (Though TechTakes may be more suitable.)

This is sneer club, not debate club. Unless it's amusing debate.

[Especially don't debate the race scientists, if any sneak in - we ban and delete them as unsuitable for the server.]

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