Taxing the rich - what is the cutoff?

[Schneed10]

Originally Posted by firstdown

It not a point if they can afford the addtional 3% its more of a question of "is it fair". They are allready working 3 1/2 months to pay taxes how much should they pay.

Yeah now there's the philosophical discussion which I am totally inclined to agree with (see my earlier posts).

I was just coming at it from the angle of "if you have to set a cutoff for higher taxes, should it be $250K or higher?" I'd say $250K is a good cutoff.

But you're asking whether there should be higher taxes for anybody. And I'd tend to agree from a philosophical standpoint.