They need us so much more than we need them...there's 2 of them for every 100,000 of us ffs
(Obvious exaggeration for effect)
this post was submitted on 27 Oct 2025
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I was actually curious what the ratio is for normal vs rich in the US. If we look at who we call rich, we need to set a boundary first. A normal family that saves and invests right should retire at just over a million dollars. If you have a well paying job even 4-5 million is very attainable. Then you look at people with a well paying job in an expensive city, like what this post is centered around, we could realistically see someone as affluent but not truly rich at about 10 million. I would draw the line there though. To attain more than that by retirement age, you were definitely rich and living rich at some point in there, even in a big city.
A quick search tells me that there are about 900,000 people in the US above that number, possibly more depending on whose number you take, but I think the best study put it there. The population is about 340,000,000. If we put this as a ratio trying to figure out 1:xxxx people and move some numbers around we end up with 1 rich person (over $10M) for every 378 normal people (under $10M).
Oh. They didn't leave? What else can we try?
How to write such laws?
Billionaires don't receive much income through W2 payrolls. They receive it as capital gains and loans against assets. The first is easy to manipulate and the latter isn't counted as income.
They can stretch rules about business expenses vs income, using their businesses to buy things for them.
They physically move between several homes, ensuring to never meet tax residency status anywhere expensive.
They are playing a game with a lot of complicated rules but can hire pros who know how to exploit them.
Regular people can hardly afford this, let alone hire anybody to tell them how.
Wealth tax
Yeah cause in reality they don’t want to be living in Alabama if they have a heart attack.
Exit tax.
The millionaires have been there the whole time?
Hey, that was my joke. 🤣🖖🏼
It's not. They say people will move every time. New york has more incentive to stay than MA there is actually more shit there. They aren't going anywhere
A reminder that if you live in a red state, you're fucked because democrats stop giving a shit once they have theirs.
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