this post was submitted on 26 Oct 2024
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Rich tax. (feddit.org)
submitted 1 week ago by Dot@feddit.org to c/whitepeopletwitter@sh.itjust.works
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[–] autriyo@feddit.org 1 points 1 week ago

Oh, you're right. Although 50% per year is still insane.

And I definitely forgot about investing, but also didn't account for inflation, which maybe would cancel e/o out.

Doesn't really matter if you consider the difference between a million and a billion is roughly a billion.