It’s not like Bezos will cash this cheque.
It’s not like Bezos will cash this cheque.
Our efforts to avoid accidentally helping a rich person via means testing cause for more damage to our ability to help poor and middle class people.
Just give everybody the same amount of cash and leave it at that! There are few enough rich people (almost by definition) that it won't save much to exclude them.
Of course he won't be doing anything so mundane personally, people like him will have teams whose job it is to squeeze every cent.
He actually was entitled to it. His earnings in 2011 were below $100,000. I'm all for keeping people honest, but let's not lie.
See, in 2010 he was worth $12.6 billion. In 2011 it was $18.1 billion. Then in 2012 went up to $23.2 billion. These figures apparently come from Forbes, who calculate this stuff.. see https://www.therichest.com/lifestyles/jeff-bezo-years-earned...
I guess he didn't "earn" that money though.. so would definitely have been entitled to a benefit for folk who don't earn so much? My bad...
The fact that the criteria for the payout was just income and not a combination of income and assets is the fault of the people writing the legislation.