While a minimum wage worker would feel giving up $200, I wouldn’t notice giving up $1k-2k. While that’s less than 5 for me%, the utility of money diminishes as

While a minimum wage worker would feel giving up $200, I wouldn’t notice giving up $1k-2k. While that’s less than 5 for me%, the utility of money diminishes as one’s money increases. I’m certain no one making >$50M feels any difference from another $5M-6M.