• Fredthefishlord@lemmy.blahaj.zone
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      8 days ago

      The only reason millionaires shouldn’t exist is to abolish capitalism, which while reasonable does not sound like what your only meaning is

    • arcterus@piefed.blahaj.zone
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      8 days ago

      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?

        • arcterus@piefed.blahaj.zone
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          8 days ago

          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.