this post was submitted on 16 Dec 2023
474 points (96.7% liked)
Not The Onion
12428 readers
598 users here now
Welcome
We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!
The Rules
Posts must be:
- Links to news stories from...
- ...credible sources, with...
- ...their original headlines, that...
- ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”
Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.
And that’s basically it!
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is a BS title.
The bill prevents people with more than $1mil income from receiving unemployment. Far more reasonable considering everything I see says that you need a million or two to retire comfortably these days.
Someone in their 50s could easily have $1M in assets if their house appreciated a lot since they bought it and they gave a decent retirement account. Yet they could have been earning $50k a year and have no liquid assets.
Exactly.
I wonder if you could contest this under the claim that you disagree with the valuation of your assets.
Say your child made a finger painting that you hung on the fridge. Some kind of crazed, but highly respected/influential, art appraiser sees it on a visit and claims it's worth $10,000,000. So you can't have any communal benefits unless you sell it (but you don't want to, because it's your kid's - not to mention actually selling it can be hard). Would there be no avenue to claim that the appraiser is an idiot, and it's barely worth the paper it's on?
Edited description
Is this actually anything anyone in this income bracket has ever done? This seems like a pointless bill to me