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this post was submitted on 09 Sep 2023
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The difference in disposable capital between a millionaire and a billionaire is substantial. A millionaire might be able to drag out an audit and find clever loopholes.
A billionaire will simply fund Republican candidates that will defund the IRS so that they never even see the audit.
Q:What's the difference between someone who has 1 million dollars and someone who has 1 billion dollars?
A:Roughly a billion dollars.
Really, it's practically the same at 10M.
A billion is just so fucking much more that our brains have a hard time even conceptualizing it.
Yes very true. 0.1% and 1% respectively
If you have a million, you can spend $1.9 every minute to spend it all in a year. If you have a billion, it's $1900 every minute. A millionaire is just a rounding error for a billionaire.