this post was submitted on 16 Dec 2023
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Um, how isn't this a thing already? (Millionaire=people who earn $1M yearly)
Sorry for Fox News, but it's the best source with this headline and it says it's bipartisan so we should probably be good.

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[–] ChickenLadyLovesLife@lemmy.world 10 points 9 months ago (1 children)

actually calculating net worth is extremely difficult to do, especially among the wealthy.

Even among the non-wealthy. For example, you might have some guy who has essentially no savings but who worked for an auto manufacturer and has a pension coming, compared to another guy who has a million dollars in his 401K but the annual income from that would be less than the first guy's pension.

[–] FlyingSquid@lemmy.world 15 points 9 months ago (1 children)

In the 90s, I didn't qualify for food stamps. I had a minimum wage job, but the house I lived in had a washer and a dryer, which meant I was too rich for food stamps.

[–] otp@sh.itjust.works 3 points 9 months ago* (last edited 9 months ago) (2 children)

Were* those literally criteria that were used?

[–] FlyingSquid@lemmy.world 7 points 9 months ago (1 children)
[–] otp@sh.itjust.works 4 points 9 months ago (1 children)

That's bonkers. I'm sorry you had to endure that.

[–] FlyingSquid@lemmy.world 4 points 9 months ago

That's Indiana for you. And I survived despite it, so it all worked out, but thanks.

[–] Th3D3k0y@lemmy.world 3 points 9 months ago

Not exactly related, I was a college kid looking to move out of my parents' house back in 2007. I applied for Section 8 housing as my minimum wage job at the time technically met all the qualifications for it. I wasn't allowed to receive it because I was in school at the time. You can't be poor and go to college at the same time if you wanted a place to live, apparently.