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A comment on Why Affluent Parents Put So Much Pressure on Their Kids. Parent comment

Re:Why Affluent Parents Put So Much Pressure on Their Kids by refurb on Sunday July 04, 2021 @07:54PM (#27733563)
Someone earning more than ~$400k per year puts them in the top 1% of income earners. They earn more than 99% of the population.

And you’re saying these people aren’t rich?

[ Parent | on HN ]
Re:Why Affluent Parents Put So Much Pressure on Their Kids by senkora on Sunday July 04, 2021 @08:04PM (#27733616)
A lot of them aren’t “culturally rich”. They grew up upper middle class (so a stable home life and a solid education with family support but no expectation of inherited wealth) and strongly value education and work ethic.

I would actually argue that this is a good thing. A society benefits when its most capable members continue to work hard.

[ Parent | on HN ]
Re:Why Affluent Parents Put So Much Pressure on Their Kids by refurb on Sunday July 04, 2021 @08:39PM (#27733775)
Not sure what “culturally rich” means, but if the problem is income I equality, the top 1% need to pay more taxes.
[ Parent | on HN ]
Re:Why Affluent Parents Put So Much Pressure on Their Kids by senkora on Sunday July 04, 2021 @09:41PM (#27734015)
You could also use the term “leisure class”.

https://en.m.wikipedia.org/wiki/The_Theory_of_the_Leisure_Cl...

I generally agree about taxes, in particular an estate tax on wealth.

[ Parent | on HN ]
Re:Why Affluent Parents Put So Much Pressure on Their Kids by throwawaynumber on Monday July 05, 2021 @09:23AM (#27737712)
Inheriting a house is inherited wealth, your baseline assumptions for wealth are completely divorced from reality.
[ Parent | on HN ]
Re:Why Affluent Parents Put So Much Pressure on Their Kids by nextaccountic on Sunday July 04, 2021 @10:34PM (#27734199)
In which sense they are the most capable?
[ Parent | on HN ]
Re:Why Affluent Parents Put So Much Pressure on Their Kids by motioncuty on Monday July 05, 2021 @09:21AM (#27737689)
Is a bathtub full if it just got started filling at a high rate?
[ Parent | on HN ]