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A comment on What do wealthy people buy, that ordinary people know nothing about? (2015). Parent comment

Re:What do wealthy people buy, that ordinary people know not... by refurb on Monday May 19, 2025 @04:01AM (#44027481)
It’s easy to determine what income would be if everyone made the same amount - average income, which is $72,000 per worker.

That includes everyone who filed a tax return from the kid working at McDonald’s to Warren Buffet.

Not sure what you’d call a comfortable life but a single mom making $72,000 per year would be struggling in many major cities.

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Re:What do wealthy people buy, that ordinary people know not... by al_borland on Monday May 19, 2025 @08:08AM (#44028952)
People don’t become ultra wealthy from a high income, they generally own a business that increases in value.
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Re:What do wealthy people buy, that ordinary people know not... by refurb on Tuesday May 20, 2025 @09:46AM (#44041627)
Sure, but the only way they can access that wealth is to sell ownership, which would produce income.

So all those people who sold $100M businesses are included in that $72,000 figure.

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Re:What do wealthy people buy, that ordinary people know not... by blharr on Monday May 19, 2025 @12:44PM (#44031695)
What a complete non-sequitur. A wealth cap of, say, a billion dollars would have none of the same implications
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Re:What do wealthy people buy, that ordinary people know not... by refurb on Tuesday May 20, 2025 @09:44AM (#44041603)
It’s not a non-sequitor.

The comment I replied to referenced a “wealth cap” and “redistribution” so “everyone could have a comfortable life”.

My point is that take to an extreme of equal redistribution to everyone, people would end up in a barely comfortable position.

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Re:What do wealthy people buy, that ordinary people know not... by blharr on Tuesday May 20, 2025 @10:01PM (#44047649)
Your point is that too much of something to an extreme is bad. That's true of everything. What's the point?
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