Analysis: Why the 'millionaire' dig on Bernie Sanders isn’t as powerful as it once might have been
Sen. Bernie Sanders participates in a Fox News town hall. By Philip Bump Philip Bump National correspondent focused largely on the numbers behind politics Email Bio Follow April 16 at 3:55 PM America learned late last week that Sen. Bernie Sanders would soon release tax returns that showed his income topping $1 million after his 2016 presidential run.
We can lift an immediate example from the first Austin Powers movie. Dr. Evil has been frozen for a few decades and doesn’t realize that asking for a million-dollar ransom isn’t much of a disincentive. In 1967, the year Dr. Evil was theoretically frozen, $1 million was worth what $7.5 million would be worth today.
We’re using two metrics here, income and net worth. If we consider the latter , finding “millionaires” becomes a lot easier.
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