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A figurative tax that's imposed on people who do a job that benefits society, or as the "Silicon Valley" cliche goes, "makes the world a better place." Because more people want to do meaningful jobs than worthless ones, the pay tends to be lower. The opposite is the douchebag bonus, where someone makes more money for doing a job that contributes zero or negative value to society.
Jimmy works as as a researcher who has made significant advances in cancer treatment, but he only makes $70k a year because of the better place tax. Meanwhile, Chazz the hedge fund manager gets a huge douchebag bonus and managed to rake in $10 million last year even though all he did was lose a bunch of rich people a bunch of money.
by Nicholas D July 25, 2015
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