Are you talking about people with like 10s or 100s of millions or are you including people with just 1 million? In a number of places, you basically cannot easily buy a house without something approaching 1 million (which is a problem itself).
Also, I’ve seen this statement here several times now. Where is the line? 1 million is a pretty arbitrary value, so how many thousands is too much?
Good luck I guess. Looking it up briefly gives US families having $1+ million net worth being in the 80th or 90th percentile (depending on the source), so somewhere between 1/5 and 1/10 families.
Millionaire doesn’t equal business owner. Anyone who’s 45 with a decent retirement fund is a millionaire.
Um, aren’t you doing exactly what billionaires do by assuming everyone is in their same socioeconomic situation?
Less than 10% of people over 45 have more than a million dollars and and most of those are married couples.
That says a lot more about how bad off Americans are retirement wise rather than my statement being wrong.
Millionaires are the next who shouldn’t exist.
Are you talking about people with like 10s or 100s of millions or are you including people with just 1 million? In a number of places, you basically cannot easily buy a house without something approaching 1 million (which is a problem itself).
Also, I’ve seen this statement here several times now. Where is the line? 1 million is a pretty arbitrary value, so how many thousands is too much?
~all of them~
Good luck I guess. Looking it up briefly gives US families having $1+ million net worth being in the 80th or 90th percentile (depending on the source), so somewhere between 1/5 and 1/10 families.
The only reason millionaires shouldn’t exist is to abolish capitalism, which while reasonable does not sound like what your only meaning is