Taxing the rich - what is the cutoff?

[724Skinsfan]

1) If you offer me and my wife a 250k income, I guarantee we can live comfortably in any city with our two boys. Some housing areas of certain cities may be off-limits, of course.

2) I agree with Slingin' Sammy: you can't keep taxing the well-to-do just because they have the money. {Pssst...sounds like someone likes the Fair Tax idea}

3) On the other hand, since they're are already hard-working, entrepreneurially spirited individuals, if you do tax them more they'll just work that much harder to make up the difference. It's a win-win situation.