Millennials the largest share of the U.S. workforce, control 4.6% of U.S. wealth (newsweek.com) 39 points by hollaur 5y ago ↗ HN
[–] jmpman 5y ago ↗ Time for a real estate tax, not a feel good giving pledge by the billionaires. [–] newhacker2719 5y ago ↗ Taking someone else's money is the solution? [–] pacamara619 5y ago ↗ Yes, taking someone else's money is usually how taxes work. [–] [dead] pii 5y ago ↗ If you think this isn't already what's happening with the massive transfer of wealth to the already wealthy, your head is in the sand [–] exclusiv 5y ago ↗ Property taxes already work quite well. Well except for CA where a lot of homeowners have arbitrarily locked in low property taxes. [–] jmpman 5y ago ↗ Pardon, a large estate tax.
[–] newhacker2719 5y ago ↗ Taking someone else's money is the solution? [–] pacamara619 5y ago ↗ Yes, taking someone else's money is usually how taxes work. [–] [dead] pii 5y ago ↗ If you think this isn't already what's happening with the massive transfer of wealth to the already wealthy, your head is in the sand
[–] [dead] pii 5y ago ↗ If you think this isn't already what's happening with the massive transfer of wealth to the already wealthy, your head is in the sand
[–] exclusiv 5y ago ↗ Property taxes already work quite well. Well except for CA where a lot of homeowners have arbitrarily locked in low property taxes. [–] jmpman 5y ago ↗ Pardon, a large estate tax.
[–] [dead] PostThisTooFast 5y ago ↗ "The millennial generation, people born between 1981 and 1996"WHAT? NO. Millennials are the people who graduated college in 2000. So we're talking about people born 1979-1982 or so.Fail, Newsweek.
[–] artichokes 5y ago ↗ It seems to be expected that people who have been earning an income for less time have fewer saved assets than people who have been working longer. [–] maerF0x0 5y ago ↗ > 4 Times Poorer Than Baby Boomers Were At Age 34Same age comparison. However doesn't seem to account for 4 additional years of education (university)
[–] maerF0x0 5y ago ↗ > 4 Times Poorer Than Baby Boomers Were At Age 34Same age comparison. However doesn't seem to account for 4 additional years of education (university)
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[ 4.8 ms ] story [ 34.9 ms ] threadWHAT? NO. Millennials are the people who graduated college in 2000. So we're talking about people born 1979-1982 or so.
Fail, Newsweek.
Wait, what...
Same age comparison. However doesn't seem to account for 4 additional years of education (university)