(no subject)

[brushwolf]

http://www.huffingtonpost.com/2012/12/07/obama-tax-plan_n_2257285.html?icid=maing-grid7%7Cmaing6%7Cdl3%7Csec1_lnk2%26pLid%3D242710

Uh. I don't know whether I even know anyone who makes $250K/year. I know some pretty well off people and I thought they made less than that. Where do these mythical people live? Buildings around Central Park? Private islands in the San Juans? Mount Olympus?

http://www.washingtonpost.com/blogs/2chambers/wp/2012/12/05/if-tax-cuts-expire-how-much-will-you-owe/?tid=socialss

'Cept if some rich guy gets a $254,000 tax increase, then they won't be able to afford more mutual funds or a few more cars and they can always send the money - or themselves - offshore. Whereas at the bottom? A $412 increase is a bit over a month of riding the bus to and from work and maybe groceries, about a year of doing your clothes at the laundromat, or maybe a month of rent if you're lucky. And it's certain that us at the bottom aren't able to move our bank accounts offshore.

Comments

[tibicina]

My mother's income is over $250K, even without my father's added in. On the other hand, my parents are totally okay with going back to Clinton era tax rates and with people who make more paying more.

[brushwolf]

Okay. This gets us into the realm of "the wealthiest people I know of," and I sort of have an idea of your family's history and what they are able to do with that much money, so thanks for the perspective! Still... it feels like there's a substantial group of people who make a lot less than 250K, but whom I would still consider very well off.