4 ms·

I edited my comment before I saw yours, sorry.

• MuffinFlavored 4y ago
  Don't be sorry. I appreciate the conversation. > Looks like there’s about 25 million millionaires in the States in 2021. Collectively, they can spend a hell of a lot of money. I feel like people who scrape in and are "technically worth" $1m or $2m on paper (most likely due to single family home ownership appreciation over time) but still need to work a job/support a family probably shouldn't count but other than that... it sounds like you and I are in alignment that of the ~160m working "taxpayers", 15% of them are millionaires who are basically unaffected by any recessionary downturns at the moment and are still out there spending like crazy? (like $20k Formula 1 Miami or $12k Warriors courtside tickets)
  • FredPret 4y ago
    Note that this is per adult, not per household. Some measures also exclude primary residence.