The average return on investment from stocks for the last 150 years is around 9 to 10% worldwide. That includes a few world wars and pandemics.
In the US, Canada and others, only half the money made in that way is taxed.
2 millions would net you 180-200k a year and you'd pay tax as if you made 90-100k.
It does, in a quote.
Hmm let's see... Assuming a 9% return on investment, that's at most a 9 years setback. I think they gonna be alright.
You're forgetting that this money would exchange hands multiple times per year, per person. Expenses are revenues; we're all connected.
But when some people put billions aside (in non tangible stuff like stocks), they're effectively reducing the buying power of everyone else. Slowly but surely. They are a net negative just by their mere existence.
With big corps, it's never that simple.
https://en.m.wikipedia.org/wiki/Embrace,_extend,_and_extinguish
The fact that our moon is almost identical in size compared to our sun from our perspective is something exceptional in heavenly bodies! Give it some merit!
Reminder that the amount of gamers worldwide has exploded since the NES came out. There is now upward of 3 billion active gamers. I guarantee you inflation grew at a slower rate.
"No Captcha AI" is open source and does that. Look it up on github.
Probably to emphasize the difference with "Americans".
Us vs them mentality