Taxing the rich - what is the cutoff?

[hesscl34]

Originally Posted by 724Skinsfan

1) If you offer me and my wife a 250k income, I guarantee we can live comfortably in any city with our two boys. Some housing areas of certain cities may be off-limits, of course.

2) I agree with Slingin' Sammy: you can't keep taxing the well-to-do just because they have the money. {Pssst...sounds like someone likes the Fair Tax idea}

3) On the other hand, since they're are already hard-working, entrepreneurially spirited individuals, if you do tax them more they'll just work that much harder to make up the difference. It's a win-win situation.

"If you offer".. people that make money have a right to send their kids to private school and have nice car and nice homes. They do not deserve to get taxed more because they are wealthy and enjoy a higher standard of living than most. Take from the rich and give to the poor?? ... I think not when we are talking about $250k. If you want to go after Billionairs that have money to blow that's one thing, but $250k is not a lot when you live in an area like CA or DC... Obama says that millionairs and billionairs need to pay more, well $250k is not even close to a million IMO.

[724Skinsfan]

Originally Posted by hesscl34

"If you offer".. people that make money have a right to send their kids to private school and have nice car and nice homes. They do not deserve to get taxed more because they are wealthy and enjoy a higher standard of living than most. Take from the rich and give to the poor?? ... I think not when we are talking about $250k. If you want to go after Billionairs that have money to blow that's one thing, but $250k is not a lot when you live in an area like CA or DC... Obama says that millionairs and billionairs need to pay more, well $250k is not even close to a million IMO.

What point of mine are you disagreeing with? I'm fairly certain my post said nothing about people earning 250k deserve to get taxed more.

[hesscl34]

Originally Posted by 724Skinsfan

What point of mine are you disagreeing with? I'm fairly certain my post said nothing about people earning 250k deserve to get taxed more.

Wasn't disagreeing, was just quoting you..

[saden1]

Originally Posted by hesscl34

"If you offer".. people that make money have a right to send their kids to private school and have nice car and nice homes. They do not deserve to get taxed more because they are wealthy and enjoy a higher standard of living than most. Take from the rich and give to the poor?? ... I think not when we are talking about $250k. If you want to go after Billionairs that have money to blow that's one thing, but $250k is not a lot when you live in an area like CA or DC... Obama says that millionairs and billionairs need to pay more, well $250k is not even close to a million IMO.

Come on now, why single out billionaires? Larry Ellison should be able to buy that 200 million dollar yacht. Gas isn't cheap these days and that bad boy costs a boatload to fill up. Those private jets don't pay for themselves either. You know, the sad thing is that due to rising costs and gas prices a lot of wealthy people are losing their yachts these days. It's just not right!