TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Five Myths About Millionaires

2 pointsby wallacrwover 13 years ago

1 comment

atmzover 13 years ago
My biggest issue with the current discussion about taxing 'millionaires' is that the media and politicians seem to define millionaire as 'earns over $1 million a year' - while a millionaire isn't that rich, somebody who earns over a million a year definitely is.<p>This article is a perfect example of this, and is even worse in that it first points out that a million dollars in saving isn't much, then segues into a bunch of points for which definition of millionaire has suddenly changed.