Comment on The Telegraph has deleted the seemingly made-up article
WR5@lemmy.world 4 days agoThat’s all well and makes sense to me, but the person I was questioning stated that $350k+/year is not rich. All of those boxes you mentioned could be ticked way lower than that, and this is nearly 10x the median salary of the UK. That roughly means this family has the ability to spend 8x the median individual and still save/invest 2x their salary per year.
MrPoletki@feddit.uk 3 days ago
actually, while it doesn’t change the conclusion hardly, we have all forgotten that 395k wage is a combined income.
I mean these are still silly high wages… Having said that though, both the combined income, and that it’s very conceivable a good portion of that income is from capital gains, not work… they probably get more take home out of that 395k income than we’d expect too…
WR5@lemmy.world 3 days ago
I have not forgotten. I mentioned it was the family’s ability to use that money, not the individual! You are right that it doesn’t change the conclusion though.