Taxing the rich - what is the cutoff?

[That Guy]

Originally Posted by onlydarksets

This wasn't even supposed to be a political thread - I was just wondering what the cutoff for "rich" is these days.

most people consider it 250k, but i think 500k for a household is a much better figure due to the cost of living around DC.

and, btw (not to onlydarksets, but other wh've mentioned it), i don't think a flat tax is entirely fair, since someone making 25k/year needs that extra 15% a lot more than someone making 20mill/year.