Fox News Guest Says $50 Million Not 'As Big As You Think.'

[BeyondGeography]

Link to tweet

I think they'll have to come up with a better angle.

[Farmer-Rick]

1. Yeah, it's the average price of a private jet.

Those jets that every corporate executive gets along with their million dollar salaries and bonuses.

[Hav]

2. Absurd rates of 3%, yes, what is Warren thinking?

50 million isn't that much but 3% on 100 million is absurd. I think they'd survive.
I don't know how these people can go on TV and say that with a straight face.

[PJMcK]

3. When I was much younger, a wealthy mentor made an observation that I've never forgotten

He said to me that no matter how much or how little money one has, they will always have money problems.

He didn't seem to comprehend that those who have little money face survival issues whereas those with lots of green are simply moving their money around in order to lower their taxes or other obligations.

$50 million could do a lot of positive things for a good number of deserving folks.

And bow-tie guy can go fuck himself.

[flotsam]

4. Any moron that says that aloud...

...should be sentenced to three years in a one bedroom apartment and a median social security award. And Oh yeah-it should be in a state with work requirements for food stamps.

[TidalWave46]

5. If 50 million isn't as big as I think...

Then the 25 million that should be sent to the treasury really ain’t shit.

[flotsam]

6. I replied and after I completed my reply I had a flash of light....

if that brutal 3% tax were to actually smother your net worth below the $50 million dollar mark then you are safe, with a net worth allowing a fantastic and luxurious life on the interest alone. Only if you "accidentally" came by several more million dollars of wealth would it ever affect you again.