this post was submitted on 04 Dec 2025
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Human nature isn't it?

I chuckled when I realized I'd seen an academic study cited as gospel truth about supporting the world with only a third of current resources just after a post where everyone ignored the academic studies saying a proposed wealth tax would lower revenues etc.

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[–] AppleTea@lemmy.zip 1 points 1 hour ago

Well, ≥$250,000 covers everything from $250,001 to $1,000,000 or 100,000,000 and beyond. The low end of that category includes people who are payed well for highly specialized and/or accredited labor, while the high end is mostly people who own things for a living.

Sure, it's not exactly precise to lump the highest end of labor in with everything from your local car-dealership capitalist all the way the tippy top of hedge-fund owners. But it still indicates a very, very unhealthy consumer economy.