Is he saying that because he truly believes it or because he knows it’s not going to happen? Asking as someone unfamiliar with this CEO.
codercaleb on
I would be happy to earn $155 billion and if somehow I ended up with $1 billion after tax, I would be happy.
OrangeNood on
If it actually passes, it will likely be amended to not cover 2026. Or there will be lawsuits to block it. And then the billionaires will move before it become effective.
Jean_Genetic on
I’m just impressed that a billionaire is agreeable, even if it is performative. I mean, most of those fuckers have been openly greedy and empowered by the shitty capitalistic zeitgeist to be as overtly grasping as the most overwritten rich villain in books.
marcus3485 on
I don’t think unrealized gains should be taxed, which unfortunately is where a lot of their net worth is tied up…
Corps should be at full rates, individuals too, when billionaires use their stuff as collateral (hedge funds), but soon they will come for us…
All these crybabies say they will leave, then just do it. Go live somewhere way worse or at higher rates…
ColtranezRain on
I feel like it should be messaged less as a tax, and more as “forced capital deployment”.
PensandoEnTea on
He’ll just make it back right away. It’s not like he’s living paycheck to paycheck.
ElvisArcher on
Having more or less money at that level is really meaningless.
raisedeyebrow4891 on
That’s less percentage wise than I pay annually
Automatoboto on
He will have to curtail his aggressive spend on spatulas and leather jackets.
zoddrick on
My grandfather used to say he would love to pay taxes on a million dollars every year.
CriesAboutSkinsInCOD on
If you are even in the “$8 billion tax bracket” I think you and your family will be alright no matter what for the next 100 lifetime and not just this lifetime.
hell, most people would be more than alright with just 10s of million.
redtacoma on
he’s still a bish. lowering production on consumer grade GPUs and selling out to AI/Enterprise clients. the consumer side is the only reason NVidia thrived long enough to be where it is.
marzipan07 on
If you cannot live an entire lifetime on a single billion dollars, there’s something wrong with the way you live.
Shot-Coconut-6482 on
He can cut a check anytime and they’ll take it.
penguished on
Why should he ever not be? His living expenses could be damn near anybody else’s. If the wealthy buy like 20 yachts and mansions and cars and then don’t like taxes, that sounds like a them problem to me.
fongky on
He is going to make better products to make more money to cover the tax. Unlike some billionaires that have stopped innovating and evading tax.
unbuckingbelievable on
This should be the new billionaire flex. “ ill be 27 billion richer next year, what do I care about 5%”
jayplus707 on
If a billionaire isn’t willing to pay a one-time tax of 5%, then good riddance. Get out of California then.
Mr_Doubtful on
lol this story is #1 and not China telling their firms not to buy the chips which has pumped the stock the last month?
h0sti1e17 on
I’ll believe it when he actually pays it.
Plus you are allowed to over pay. So he can pay if he wants
lambertb on
People have no comprehension of how much money these guys really have. It’s more than a person or a family could spend in 100 lifetimes. Jensen is an engineer. He knows the tax is rounding error.
okeleydokelyneighbor on
And yet the in and out chick complains about 400million.
El_Sjakie on
They say one thing, then turn around and pay their lobby to make sure it wil never happen
25 Comments
My man. Kick in.
Is he saying that because he truly believes it or because he knows it’s not going to happen? Asking as someone unfamiliar with this CEO.
I would be happy to earn $155 billion and if somehow I ended up with $1 billion after tax, I would be happy.
If it actually passes, it will likely be amended to not cover 2026. Or there will be lawsuits to block it. And then the billionaires will move before it become effective.
I’m just impressed that a billionaire is agreeable, even if it is performative. I mean, most of those fuckers have been openly greedy and empowered by the shitty capitalistic zeitgeist to be as overtly grasping as the most overwritten rich villain in books.
I don’t think unrealized gains should be taxed, which unfortunately is where a lot of their net worth is tied up…
Corps should be at full rates, individuals too, when billionaires use their stuff as collateral (hedge funds), but soon they will come for us…
All these crybabies say they will leave, then just do it. Go live somewhere way worse or at higher rates…
I feel like it should be messaged less as a tax, and more as “forced capital deployment”.
He’ll just make it back right away. It’s not like he’s living paycheck to paycheck.
Having more or less money at that level is really meaningless.
That’s less percentage wise than I pay annually
He will have to curtail his aggressive spend on spatulas and leather jackets.
My grandfather used to say he would love to pay taxes on a million dollars every year.
If you are even in the “$8 billion tax bracket” I think you and your family will be alright no matter what for the next 100 lifetime and not just this lifetime.
hell, most people would be more than alright with just 10s of million.
he’s still a bish. lowering production on consumer grade GPUs and selling out to AI/Enterprise clients. the consumer side is the only reason NVidia thrived long enough to be where it is.
If you cannot live an entire lifetime on a single billion dollars, there’s something wrong with the way you live.
He can cut a check anytime and they’ll take it.
Why should he ever not be? His living expenses could be damn near anybody else’s. If the wealthy buy like 20 yachts and mansions and cars and then don’t like taxes, that sounds like a them problem to me.
He is going to make better products to make more money to cover the tax. Unlike some billionaires that have stopped innovating and evading tax.
This should be the new billionaire flex. “ ill be 27 billion richer next year, what do I care about 5%”
If a billionaire isn’t willing to pay a one-time tax of 5%, then good riddance. Get out of California then.
lol this story is #1 and not China telling their firms not to buy the chips which has pumped the stock the last month?
I’ll believe it when he actually pays it.
Plus you are allowed to over pay. So he can pay if he wants
People have no comprehension of how much money these guys really have. It’s more than a person or a family could spend in 100 lifetimes. Jensen is an engineer. He knows the tax is rounding error.
And yet the in and out chick complains about 400million.
They say one thing, then turn around and pay their lobby to make sure it wil never happen