3 ms·
If your net worth is $1.5 billion, what % of your annual income would serve as a deterrent?
by jdminhbg 12y ago
If your net worth is $1.5 billion, what % of your annual income would serve as a deterrent?
- deleted 12y ago[deleted]
- golemotron 12y agoYou're right. It should be tied to net worth rather than income.
- brandonmenc 12y agoNet worth is difficult to calculate, which is why schemes like wealth (vs. income) taxes are likely impossible to implement. Prince Alwaleed accused Forbes of underestimating his wealth - imagine how difficult it must be when people are trying to get the lowball figure.