Quote:
Originally Posted by epitome
I don't consider someone making $250k a year wealthy. Not even $500k. That is where I differ with Obama.
Someone making $15 million a year is wealthy. I'd personally put "rich" in the 1-5 category.
Either way, the fact that I make a fraction of a fraction of a fraction of those people and pay more doesn't make sense.
Flat tax does that but will likely never happen.
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Earning 250k$ a year in US you can drive brand new ferrari and do not do any serious damage to your life style. So yeah its pretty rich. I can not imagine how could anyone spend 500K/year, thats definitely wealthy/rich zone.