NomNom@feddit.uk to Australia@aussie.zoneEnglish · 3 days agoRichest super balances to be taxed at higher rates after Greens agree to back Labor planwww.theguardian.comexternal-linkmessage-square30fedilinkarrow-up158arrow-down11
arrow-up157arrow-down1external-linkRichest super balances to be taxed at higher rates after Greens agree to back Labor planwww.theguardian.comNomNom@feddit.uk to Australia@aussie.zoneEnglish · 3 days agomessage-square30fedilink
minus-squareobserves_depths@aussie.zonelinkfedilinkEnglisharrow-up1·3 days agoInteresting last point, if I understood right. Putting it another way, if you have a piece of gold worth $100,000, you need 10 to have $1 million, but you need 10,000 of those gold pieces to have $1 billion.
minus-squarezurohki@aussie.zonelinkfedilinkEnglisharrow-up2·2 days agoThe difference between a million dollars and a billion dollars is about a billion dollars.
minus-squareeureka@aussie.zonelinkfedilinkEnglisharrow-up3·3 days agoSure! You just reminded me of this small* site which helps visualise it: Wealth, shown to scale
Interesting last point, if I understood right. Putting it another way, if you have a piece of gold worth $100,000, you need 10 to have $1 million, but you need 10,000 of those gold pieces to have $1 billion.
The difference between a million dollars and a billion dollars is about a billion dollars.
Sure! You just reminded me of this small* site which helps visualise it: Wealth, shown to scale