Quote:
Originally Posted by The Gaijin
If you look at sales, state income, local income and real estate taxes in places like New York or San Jose - $250K is not a lot of money. More like $140K in much of rural America. Why should we bear the brunt of Obama's tax increases? 
$250K around here could be a teacher married to a dentist... Not exactly living on Park Avenue. More like 1+ hour commutes to a three bedroom house. |
I make under 150 and do okay in San Jose, at 250K I would be doing very well indeed.
The brunt would be carried by the rich, and I catagorize >1M/yr as rich.