Tim Cook
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In the United States, we have 5 percent of the human population in the world, but 25 percent of the humans who are in prison.
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For the year 2012, loopholes in income-tax returns will amount to approximately $1 trillion — $1,000,000,000,000 — in losses to the government, or more than it spends on either defense or education.
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In Chicago, suburbanites who sold their cars and switched to public transportation to get to work saved approximately $1,000 per month. (Amortized cost of owning and maintaining a car figured in.)
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Through the use of “National Security Letters,” which are under review on constitutional grounds but at present still have the force of law, over a two-week period in 2003 every hotel, garage and airline doing business in Las Vegas was ordered to report to the FBI the identities of every single customer.
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Signing bonus for Timothy D. Cook, new Chief Executive at Apple: cash and stock, $376.3 million, or approximately $42,000 per hour of working time.
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The cost of having a prom teenager in the family — tux/dress, limo/party bus, hair, makeup, flowers, dinner and dance tickets — altogether more than $2,600 for families earning between $20,000 and 30,000 a year. For families in upper-income brackets, between $700 and $1,000.
Subrata Sircar says:
To be fair, Tim Cook’s compensation is primarily in vesting stock, which vests in five years from his appointment. It’s still a cr*pton of money per hour if he can hold Apple’ stock price at $700/share and up – of course, if he can do that he’s done a job that very few people can do.
September 24, 2012, 12:49 amBill Goodwin says:
We could colonize Mars if we gave up proms.
September 24, 2012, 5:23 amWilliam Kone says:
Any explain why “upper-income” brackets spend less on prom teenager? Do they have a party bus/limo already? (I’ve told my daughter she is not getting any thing fancy for prom the does not earn the money for herself.)
September 24, 2012, 7:31 amAlex says:
Do upper income bracket families already own limos & party buses?
September 24, 2012, 7:51 amSevesteen says:
It isn’t really fair to count the amortized cost of owning a car when comparing to only the fares of public transportation–a quick Google search says that all of the capital costs and 50% of operations for the CTA are paid by taxes. It also makes the transit union a single point of failure for the city, and allows ‘undesirables’ to be discouraged from shopping certain places by the location of bus stops.
Without Steve Jobs, Apple would be gone by now. What was he worth to the stockholders? Who should decide?
If parents aren’t trying to keep up with the Jones there’s no reason a prom should cost that much. A limo as a requirement?
September 24, 2012, 11:23 amDavid B. Williams says:
Still, it seems like an excessive signing bonus. I’ll bet he would have taken the job for $200 million.
September 24, 2012, 12:10 pmSoph says:
One more: while the US population is 4.5% of the world population, the US consumes a 20% of the energy the whole world consumes.
September 24, 2012, 2:25 pmhttp://peakoil.com/consumption/wyoming-alaska-top-list-of-states-that-use-most-energy/
Dale says:
Where are these numbers coming from? One thousand dollars a month seems excessive for a car, and how do low income families spend $2,000 more on prom than upper income families?
September 25, 2012, 3:09 pm