Originally Posted by BR
Please. Just stop with this nonsense that people who make $250,000 are barely making ends meet. This is utter insanity. The latest statistics show the median household income in the US is $43,000. Just stop it.
No one claimed that. We just claimed they weren't "filthy stinking rich." Your term.
Originally Posted by BR
Well, for all the income earned up to $250k, the tax rates won't increase at all. Again, learn to marginal tax rate. Anything ABOVE it should get taxed at a higher rate. And, ADD MORE BRACKETS. Those earning $250k should pay a lower rate than those earning $500k, $1M, $100M, $1B, et cetera.
If tax rates go up on the $250k tax bracket, those sitting at $250k are, drumroll please, UNAFFECTED.
That's not a bad idea. I would rather see a system that doesn't punish success. I would either like to a see a flat tax with exemptions for the poor (and few if any deductions) coupled with a tax on the super rich (those above say, $2,000,000 a year). Or, scrap income taxes completely and replace the whole system with a VAT. I think most of us would end up paying about the same in taxes while government revenue goes through the roof. This is a tax that cannot be avoided. It can also be reduced at times to stimulate economic growth.
Originally Posted by gerald apple
In NYC this is one of the most expensive cities to live in the world.People who are making $250,000 are in good shape financially believe me.I never made that in my life.
"Good shape" is not "rich." When good apartments cost $5,000 a month and parking spots cost $500 a month or more, $250K doesn't make one rich.
Originally Posted by tonton
Um yes... someone else noticed. Some moron from Alaska named "Payline" or something. Of which I'm sure you're aware. Hope you vote for her in the next Republican primary, it seems you're ideologically intertwined.
I thought that was hysterical. Can't believe she actually pointed it out. I know you may think otherwise, but I pray she doesn't run. I think she's more intelligent than portrayed, and a person I would love to know. I also agree with many of her positions. But I don't see her as Presidential material at all. I suppose my vote would depend on her opponent. I would vote for her over Obama because of the way he's handled things, but probably not over a truly moderate Dem with fiscally conservative credentials. In the primary, there is no way I'd vote for her.
By the way, I think she's a MILF. Does that count for anything?