A man explained that $2 million in the United States is actually “relatively” not a lot of money. The viral video has more than 4 million views.
In the video, John Russell, a self-proclaimed “wrinkled populist and local news badass in the Ohio Valley”, tries to explain that the middle class in the United States is almost non-existent, and that taxing the rich does not necessarily mean asking us to think “wealthy” People” are taxed. “Instead, he said, we need to tax billionaires.
John Russell released TikTok six days ago and has received a lot of criticism and support from others who believe that taxing the rich does not necessarily mean taxing the 1% of Americans.
“If you have $2 million, you are relatively poor,” Russell said at the beginning of the video. Russell used a standard graph paper to make a chart to illustrate his point.
On the graph paper, Russell drew a line to represent people with zero dollars, and a line at the top of the page to represent Jeff Bezos‘190 billion U.S. dollars, each square on the paper represents 5 billion U.S. dollars.
“Here you are,” Russell said, and he drew a line at the zero dollar mark. “Statistically speaking, give or receive hundreds of thousands of dollars in net worth.”
“This is the starting point for the ‘1%’, just above you, with a net worth of at least $4.5 million.” Russell added Kanye WestThe net assets on the chart are $6.5 billion. “Most celebrities are not as rich as Kanye,” he said. “For example, Trump, Oprah, Jay Z, Floyd Mayweather, LeBron James, Kylie Jenner, Mark Cuban, That person from The Wolf of Wall Street…And every politician you’ve heard of, except Michael Bloomberg.”
Russell drew a line to represent BloombergNet assets of 55 billion US dollars. Compared with Bezos’s $190 billion line, the line representing Bloomberg is closer to the “broken line” line. “Michael Bloomberg, his $55 billion is closer to no money than he has Jeff Bezos,” Russell said.
Then he added other key players to the chart, including Elon Musk At 180 billion U.S. dollars, the net worth of Bill Gates and Mark Zuckerberg is estimated at 132 billion U.S. dollars.
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“Ninety-nine percent of Americans are between here and here,” Russell said, pointing to the space between the initial line he drew with zero dollars and the “1%” line. “The net worth of 17 million Americans is below zero.”
Commentators on the Internet not only agree with Russell’s TikTok, they are angry at the country’s huge wealth gap and the idea that voting politicians can alleviate the problem.
A user at Twitter He wrote: “The advantage of video lies in how helpful it is as a teaching tool. In other words, the video is a powerful public political education film that uses a variety of learning methods to clearly illustrate class differences.”
“Taxing taxes on the rich is feasible, but the main problem is that all these rich mfs and huge legions are already politically [sic] Another user wrote on Twitter. “They continue to protect the influence of billionaires on future elections. It’s just broken around tbh.”
Another user discussed the usage of this word on Twitter relatively Is used to describe people who are not in the top “1%”: “If we use’relative’, then most Americans will be’relatively’ wealthy, because it is related to the rest of the world, with an annual income of about 1 million. Become the top 1% of people in the world. You are rich. Unless you ignore the rest of the world from a’wealth’ perspective.”
TikTok currently has more than 722,800 likes, 12,000 comments and more than 50,000 shares.
