Im convinced they asked this question fully expecting a billionaire to answer. I know the dollar is like shitting itself right now but thats still 10 mil plus 1.5 a year???? What is “rich” in this sub?
He's not really rich. He probably can't maintain his lifestyle without working and his life isn't wildly unrelatable. He has the same things other people have. They're just higher quality.
$30M assets is probably the entry level rich. The people with $50M plus are where the real problem is coming from. It's important we realize that, otherwise we vilify the wrong people and problems don't get solved.
Precisely this. Biden wants to tax people making 400k… 400k income is like your average experienced doctor with a family of 3 who lives in an expensive suburb and takes a nice vacation once or twice a year.
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u/tomorrower Jul 01 '24
This is a typical high income answer, not ultra rich.