Paid maternity and paternity leave are estimated to cost around $12 billion per year. This is 0.39% of the wealth controlled by 400 Americans. It is 5% of the wealth they accrued in 2020 alone.
If they repeated this payment every year for the next 100 years, it would equal 39% of the wealth they control today.
its 39% not 0.39!!
Paid maternity and paternity leave are estimated to cost around $12 billion per year. This is 0.39% of the wealth controlled by 400 Americans. It is 5% of the wealth they accrued in 2020 alone. If they repeated this payment every year for the next 100 years, it would equal 39% of the wealth they control today.