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Taxing the rich - what is the cutoff?
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06-13-2008, 04:04 PM
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Sheriff Gonna Getcha
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Join Date: Feb 2004
Age: 46
Posts: 8,317
Re: Taxing the rich - what is the cutoff?
It depends on where you live. A $250,000 salary goes a lot farther in the middle of nowhere than it does in downtown Manhattan. Unfortunately, I think it's hard to implement a tax scheme with COLAs.
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