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Author Topic: Jeff Bezos and many top amazon executives leave in mass exodus  (Read 236 times)
OgNasty
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July 07, 2021, 09:12:39 PM
 #21

Everyone hates Jeff Bezos.  He made 8 billion dollars just from announcing he was stepping down as CEO.  If quitting your job would net you 8 billion dollars in a day, I'm sure you would probably do it to.  It seems clear Jeff has moved on from wanting to build something great, to wanting to enjoy life.  I doubt he wants to be bothered by people yelling names at him while he's forced to attend meetings and move around in public.  Seems pretty clear from his recent actions that he just wants a stiff drink and some bikini freaks.  If Epstein was still around I'm sure Bezos would be on the island right now... 

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July 08, 2021, 03:58:19 PM
 #22

I would say that I would not invest into amazon stock not because the executives are getting out, and not even because Jeff doesn't seem to care as much, but because they are bound to get a lot harsher regulations in the future and a lot more taxes.

The minimum 15% is nothing, literally nothing to them, they have made SOOOOO much money that even if Jeff paid from his own pocket he could have paid the last 10 years tax cost of amazon from his own pocket today, and this is not retro paying, they will only pay in the future, which will be super simple. Sure they may not make five hundred bajillion dollars in profit, they may end up with just 230 gazillion in profit but who cares? They are making so much that it is still one of the most if not the most profitable business in the world. What I think however is that not only there will be even more taxes, there will also be unionization that will destroy the abuse of amazon does to their employees and that is going to change a lot.

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July 08, 2021, 05:09:43 PM
 #23

Everyone hates Jeff Bezos.  He made 8 billion dollars just from announcing he was stepping down as CEO.  If quitting your job would net you 8 billion dollars in a day, I'm sure you would probably do it to.  It seems clear Jeff has moved on from wanting to build something great, to wanting to enjoy life.  I doubt he wants to be bothered by people yelling names at him while he's forced to attend meetings and move around in public.  Seems pretty clear from his recent actions that he just wants a stiff drink and some bikini freaks.  If Epstein was still around I'm sure Bezos would be on the island right now... 

Thats really make sense, I dont think that he's sad or mad because of the policy of government. I just look at what the purpose of his resignation, according to me, he's just bored with the situation or his responsible as the CEO . He's just wanna find a new idea or business that can challange his self. As CEO, everything has been ruled as routine. That will make him bored and nothing special from what he achieved.
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July 09, 2021, 08:44:30 PM
 #24

It's a cheeky move, but nothing more than an avenue for people to register their disapproval of his massive accumulation of wealth.  I don't necessarily have a problem with his wealth, except I think the tax system does need to be overhauled and wealth in the multi billions needs to be taxed.  I reckon a lot of the signers of that petition feel the same way.

Tax system needs a massive overhaul and there is no doubt about it. MacKenzie Scott received $60 billion worth of AMZN shares from Jeff Bezos as a part of the divorce package and not a penny of it was taxed. This loophole, which allows the transfer of shares from one individual to other without any tax liability needs to be overhauled. When someone transfers his shares to a different individual using the stock exchange, he is taxed for that. So I don't understand why direct transfers doesn't come under taxation. One thing is sure. These loopholes are mostly being used by the super-rich.

Divorce proceeds aren't taxed because it's not income.  When you're married, you jointly own the assets, so the divorce is just splitting the assets you jointly own into individual assets.  There would be no reason to tax this because you already owned those assets, you just now have less of them and own them entirely instead of jointly.

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July 12, 2021, 06:00:21 PM
 #25

I would say that I would not invest into amazon stock not because the executives are getting out, and not even because Jeff doesn't seem to care as much, but because they are bound to get a lot harsher regulations in the future and a lot more taxes.

The minimum 15% is nothing, literally nothing to them, they have made SOOOOO much money that even if Jeff paid from his own pocket he could have paid the last 10 years tax cost of amazon from his own pocket today, and this is not retro paying, they will only pay in the future, which will be super simple. Sure they may not make five hundred bajillion dollars in profit, they may end up with just 230 gazillion in profit but who cares? They are making so much that it is still one of the most if not the most profitable business in the world. What I think however is that not only there will be even more taxes, there will also be unionization that will destroy the abuse of amazon does to their employees and that is going to change a lot.
Yeah, I am feeling a bit more comfortable about it, does that feel weird? I mean I always hated Jeff Bezos, and as a person he is probably what is wrong with the world, he became rich doing the bare minimum legal stuff while using the loopholes and the predatory moves of business to grow bigger and bigger, he should have been looooong punished for all the things he did. Now that he is getting out, he will still be richer and richer, in fact now whoever comes next will need to be more ruthless because Jeff couldn't fire himself, but whoever comes next will be fired if they show even a slight sympathy towards workers, and that is why it is a horrible thing.

However even with that, knowing that he will not be around in a long time and just die eventually does make me feel better. Even the fact that if I take care of myself very well and do not happen to suddenly die, our age difference means he should probably die before me, knowing that gives me hope.

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July 18, 2021, 04:43:56 AM
 #26

Yeah, I am feeling a bit more comfortable about it, does that feel weird? I mean I always hated Jeff Bezos, and as a person he is probably what is wrong with the world, he became rich doing the bare minimum legal stuff while using the loopholes and the predatory moves of business to grow bigger and bigger, he should have been looooong punished for all the things he did. Now that he is getting out, he will still be richer and richer, in fact now whoever comes next will need to be more ruthless because Jeff couldn't fire himself, but whoever comes next will be fired if they show even a slight sympathy towards workers, and that is why it is a horrible thing.

However even with that, knowing that he will not be around in a long time and just die eventually does make me feel better. Even the fact that if I take care of myself very well and do not happen to suddenly die, our age difference means he should probably die before me, knowing that gives me hope.

Lmao, what are you even talking about? "Bare minimum legal stuff"?  He built a trillion dollar company, that's why he's rich.  Amazon is the behemoth it is because it executed better than their competitors and built an unparalleled logistics operations.  You're just hating on rich people because you're not rich and you're justifying it by assuming they have to be rich because they break the law.

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