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Taxing the rich - what is the cutoff?

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Old 06-16-2008, 12:23 AM   #11
saden1
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Re: Taxing the rich - what is the cutoff?

Quote:
Originally Posted by That Guy View Post
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.

It's about being able to put food on the table and having enough to live.

BTW someone making 250K a year makes ~14K a month after taxes (without deduction) in Virginia. Are we subscribing to the Sprewell mantra here?
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