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Old 06-17-2008, 01:53 PM   #150
Schneed10
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Join Date: Feb 2005
Location: Newtown Square, PA
Age: 46
Posts: 12,458
Re: Taxing the rich - what is the cutoff?

Not to mention that a portion of the couples who make $250K or more are made up of one bread-winner and one stay-at-home parent. Surgeons, high-level lawyers in the firms you mentioned, executives, brokers, real estate agents, and salesmen are some that come to mind. In which case there are no childcare costs.

You can come up with a scenario where someone would struggle on almost any income, but that doesn't mean it's worth discussing from a policy perspective. If we're setting a cutoff for a higher tax rate, we should be talking about whether MOST people would be comfortable. From a policy standpoint, we can't try to account for every worst case scenario.
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