khalido@sh.itjust.works to memes@lemmy.world · 13 hours agoGoogle’s Recent Data-Collection Lawsuitssh.itjust.worksimagemessage-square22fedilinkarrow-up1288
arrow-up1288imageGoogle’s Recent Data-Collection Lawsuitssh.itjust.workskhalido@sh.itjust.works to memes@lemmy.world · 13 hours agomessage-square22fedilink
minus-squaretomiant@piefed.sociallinkfedilinkEnglisharrow-up16·edit-211 hours agoFun fact: $200 million is about 0.06% of Google’s annual revenue. If you earn $35,000 a year and pay 27% tax, a $500 speeding ticket is about 1.96% of your yearly disposable income. For Google, a $200M fine is about 0.06% of annual revenue, which is like as if you were issued a $15 speeding ticket.
minus-squarefeannag@sh.itjust.workslinkfedilinkEnglisharrow-up4·9 hours agoYour comparison is spot on, but are there really places where you would need to pay 27% tax making $35,000?
Funfact: $200 million is about 0.06% of Google’s annual revenue.If you earn $35,000 a year and pay 27% tax, a $500 speeding ticket is about 1.96% of your yearly disposable income.
For Google, a $200M fine is about 0.06% of annual revenue, which is like as if you were issued a $15 speeding ticket.
Your comparison is spot on, but are there really places where you would need to pay 27% tax making $35,000?