Leaving aside the deliberately obtuse nature of Brooks's argument, it's also a dodge because income isn't wealth! There are plenty of multi-millionaires who aren't reporting income in that range because of the nature of their assets.
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Replying to @jakebackpack
If you've got a clever accountant and diversified holdings, you could own half a dozen McDonald's franchises with no debt and not meet that threshold for income.
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Replying to @jakebackpack
I just bought a $1.6 million condo on Maui but thanks to the depreciation of half a dozen bulldozers, my construction company (the biggest one in Omaha) reported a loss last year
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Replying to @jakebackpack
Thanks to the full-time work of four accountants (I'm a job creator) I make less than the custodial staff at my portfolio of commercial properties
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Jeet Heer Retweeted Mike Konczal
This is a useful corrective:https://twitter.com/rortybomb/status/1365315561492799493 …
Jeet Heer added,
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