Taxing the rich - what is the cutoff?

[That Guy]

500k is a much fairer cutoff.

250k is pretty easy with two working contractors in NoVA, and land and some of the job requirements just aren't cheap.

as far as CoLAs, the military has been using them forever, and i really don't hear complaints (most people love going to higher CoLAs, since it usually means more overall take home pay after everything is said and done). however, military CoLAs might not work so well with independent contractors, the unemployeed, those making etremely low pay in high cost areas, and those that would look to abuse the system by moving in or out of area (depending on specifics).

maybe if the CoLAs were handled at the payroll level based on business location, and customer location (ie, internet shipping based businesses without real overhead don't get a loop hole for re-locating to downtown NYC).