GiddyGap@lemm.ee to politics @lemmy.world · 25 days agoThe reality of Kamala Harris' plan to tax unrealized capital gainswww.axios.comexternal-linkmessage-square34fedilinkarrow-up187arrow-down16
arrow-up181arrow-down1external-linkThe reality of Kamala Harris' plan to tax unrealized capital gainswww.axios.comGiddyGap@lemm.ee to politics @lemmy.world · 25 days agomessage-square34fedilink
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up12·25 days agoFor perspective: $100MM is enough for at least 20 people to be completely set for life.
minus-squareBassTurd@lemmy.worldlinkfedilinkarrow-up11·25 days agoThat’s enough for 50 people to live comfortably on just the gains for an entire lifetime.
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up8·25 days agoI said “at least” because there’s significant variance in cost of living. I’ve already run the numbers, and for my family it’s $5MM - though this makes me realize that I meant household, so 50 is certainly not inaccurate per person.
For perspective: $100MM is enough for at least 20 people to be completely set for life.
That’s enough for 50 people to live comfortably on just the gains for an entire lifetime.
I said “at least” because there’s significant variance in cost of living. I’ve already run the numbers, and for my family it’s $5MM - though this makes me realize that I meant household, so 50 is certainly not inaccurate per person.