• 0 Posts
  • 23 Comments
Joined 1 year ago
cake
Cake day: June 23rd, 2023

help-circle






  • It’s hard to get an exact number but you can extrapolate based on the growth of Lemmy in the last few weeks. While not record-breaking, it is quite an impressive growth.

    Also note that not everyone who left Reddit came to Lemmy. There is also Kbin, Tildes and alternative. Some never really left at all.

    I think the real damage done to Reddit (ultimately by themselves) is showing the world that there are real alternatives (even if a bit rough around the edges). They are materializing and growing as threats and if Reddit doesn’t step up their game, they could be in some real trouble.

    The other possibility is that some other company might step up and build a Reddit clone, much like what Meta’s Threads is to Twitter, once they see that there is blood in the water and a potential to displace Reddit as the “frontpage of the Internet”. Heck, even Threads is built on the Fediverse, maybe a bigcorp-backed Reddit clone might be as well.










  • habanhero@lemmy.worldtoMemes@lemmy.mlEat the rich
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    edit-2
    1 year ago

    There is some support for lower income brackets but my personal opinion is there should not be “billionaires” in the first place, and that’s where the system falls short. “Billions” is an obscene amount of wealth to be had by one person.

    Edit: Here is a visualization on how much billions of dollars really is. Truly mind-blowing.


  • Not income at all which and also the reason why it’s taxed very differently (and perhaps unfairly).

    Income is your wage or the actual money you make from your business. Most rich people generate wealth via their assets (e.g, the stock / property they own skyrocketed in value), and these are only taxed when sold and at a much lower rate.


  • habanhero@lemmy.worldtoMemes@lemmy.mlEat the rich
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    1 year ago

    Their wealth is almost entirely in assets which gets taxed at a much lower rate compared to income, and only when they sell. And don’t forget about all the write-off, tax tricks their armies of lawyers and accountants can set up for them. So if you work for your wages then the system is definitely stacked against you.