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I can't agree. I would have to peg the rich at 250 million plus in liquid assets. Less than that your just upper middle class or affluent. But the democrats tax everyone that makes over 10K per year as though they were really rich.
I will now support my 250M number. First if your really rich, you have to have a house in at least 5 countrys. A good house cost about 10 million to 50 million now days. So that kills a total of at least 50 million in fixed assets. Next you need to pay the staff and taxes on those properties, there goes about 5 mill per year or more. Then you have to have a Jet aircraft and and 3 pilots on standby. 10 to 20 mill per year. A yacht or two with staff, thats a cool 100 mill assets plus staff of about 2 mill per year, plus taxes of 10 mill per year. And WTF kind of rich guy dosen't own a big company of some kind to generate all that cash. Thats 1 billion of so plus in fixed assets. Taxes are into the 100 of millions at this point. Throw in a few cheep cars like a Porsche or Ferrari or two, plus taxes and your looking at a whole lot of dough, just to be rich.
I think the Donalds personal expenses were over 35 million PER MONTH, thats only almost 1/2 billion bucks per year in personal expenses!
Last edited by snowman; 05-03-2008 at 12:13 AM..
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