• eureka@aussie.zone
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    1 day ago

    1%

    Back of the envelope, even the 1% threshold would strain to afford a short 4-week stay. I see various sources claiming top 1% cuts off at only (!) around $5 million net. Let’s all remember that wealth scales exponentially at the top. https://povertyandinequality.acoss.org.au/income-calculator/ (Includes graphical representation of percentiles based on ABS 2019-20)

    This is the ultrawealthy tier. Alienated from the wide world.

    • arbilp3@aussie.zone
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      1 day ago

      And this ‘class’ is the one which can wield power over a world they feel no part of nor really care about. Epstein and his enablers and employers, for example.