Comment on If we flipped the script, and the people working the shittiest jobs in America got Elon Musk money for working what would happen? Then gave the rich the same wage the lowly worker would earn?

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DomeGuy@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

If you are 20 years old, expect to live to 100, and can imagine maybe spending $1 million per year, your maximum lifetime expenses are only $80,000,000. Once you have a large enough share of this that investment returns can earn the rest, you do not ever need to work again

The threshold for “no need to work” is way lower than $1,000,000,000. More than 12 times lower, in fact.

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