Um, how isn’t this a thing already? (Millionaire=people who earn $1M yearly)
Sorry for Fox News, but it’s the best source with this headline and it says it’s bipartisan so we should probably be good.

  • @ChickenLadyLovesLife@lemmy.world
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    97 months ago

    actually calculating net worth is extremely difficult to do, especially among the wealthy.

    Even among the non-wealthy. For example, you might have some guy who has essentially no savings but who worked for an auto manufacturer and has a pension coming, compared to another guy who has a million dollars in his 401K but the annual income from that would be less than the first guy’s pension.

    • Flying Squid
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      137 months ago

      In the 90s, I didn’t qualify for food stamps. I had a minimum wage job, but the house I lived in had a washer and a dryer, which meant I was too rich for food stamps.