It's almost impossible to grasp the magnitude of US wealth inequality & concentration:
$100K saved for retirement is a 4.3-inch stack of $100 bills.
$1M: 43 inches.
$1B: 3,600 feet. 12 football fields. World's tallest building is 2,722 feet.
Musk: $486B. 330 miles high. 60 Mt. Everests, stacked.
$100K saved for retirement is a 4.3-inch stack of $100 bills.
$1M: 43 inches.
$1B: 3,600 feet. 12 football fields. World's tallest building is 2,722 feet.
Musk: $486B. 330 miles high. 60 Mt. Everests, stacked.
Comments
https://realtimeinequality.org/?id=wealth&wealthend=01012022&wealthfreq=annually&wealthgroups=Middle%2040%25&wealthgroups=Top%2010%25&wealthgroups=Top%201%25&wealthgroups=Top%200.1%25&wealthgroups=Top%200.01%25&wealthgroups=Total&wealthgroups=Bottom%2050%25&wealthstart=01011976&wealthtype=wealth&wealthunit=Adults&wealthy=perAvg
#TaxTheRich
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Either democracy or billionaires must go.
And in all those income graphs you see, those gains accrued and accumulated over years, lifetimes, and dynasties aren’t even counted as “income.” They’re (conveniently) also rendered invisible.
That’s the same ratio as $100,000 to $50 million.
If he really has it.
We can change that.