[chrismcb]

It isn't even a romantic utopia, it is more like a living hell. Rich people create businesses and jobs, that is usually how they are wealthy. If the marginal tax rate guess up to 100% sorry 10 million, there is very little incentive for people to earn more than 10 million. And either they will stop trying to earn, out they will move. On top of that, these people don't earn as much as you think they do. In addition, these people don't burn money, they spend it. Which allows others to earn money.

[HWR_14]

Other than butler or yacht captain, what jobs do rich people create?

[sokoloff]

Over half of the jobs held by HN posters, for starters.

[HWR_14]

Well, that's a non-answer. What types of jobs are those?

[germandiago]

Are you suggesting you should qualify the jobs people create? The important thing is if someone wants to do it or not.

[HWR_14]

> Are you suggesting you should qualify the jobs people create?

Well, I started by saying that the only jobs were yacht captains and butlers (slight exaggeration) and was told that many of the jobs were things people on this message board had. So, yeah, that's what the topic is.

[sokoloff]

Google SWE, Amazon SWE, Meta SWE, Netflix SWE, Microsoft SWE, AirBnB SWE, Dropbox SWE, Hooli SWE,…

[HWR_14]

How are any of those jobs "created by rich people"?

[candiodari]

Google SWE: billionaire Google founders Sergey Brin and Larry Page

Amazon SWE: "richest man in the world" Jeff Bezos

Meta SWE: billionaire founder Mark Zuckerberg

Netflix SWE: billionaire Reed Hastings

Microsoft SWE: "richest man in the world" Bill Gates

Then we get into the "mere" hundreds of millions.

They created those jobs, and obviously they're very, very wealthy.

[missedthecue]

literally every company that is funded by YC is funded by rich people hoping to get richer.