Comments by "Joe Swanson" (@joeswanson733) on "Why billionaires should be ILLEGAL" video.

  1. depends on the time horizon we have to factor in inflation and am i still working or my money generating me returns. if we do the classic put it in the markets and earn 10% reeturn than you would need at least $ 1million to get $100,000 in returns to sustain you. to live a ordinary life. if you want to live a nicer life you would need around $ 2 million to get $200,000 in returns to live a even nicer life you need $3 million to get back $300,000 a year. in the usa 1 percent income is starting at $600,000 and up so to do that you need at least $6 million assuming the markets average 10% return . it's been calculated if you take all the world billionaires wealth and take their money and divide among all the humans everyone getts $192,500
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