Taxing the rich - what is the cutoff?

[That Guy]

Originally Posted by saden1

Don't have a cow man, I'm not trying to antagonize you, I'm merely elaborating on what you wrote.

The Sprewell reference is in regards to 250K possibly not being enough.

k, it sounded like you were mis-interpreting what i had written though, and where referencing sprewell to the unfairness of flat taxes for those of low income, which, of course, makes no sense.

250k per household in NoVA would make up too high a percentage to call it rich. two gov/dod contractors in one house can easily hit that mark. at 500k you're either getting stock options, or own a pretty decent business, or have acquired enough cash to live off investing...

it's not that 250k isn't enough to live on, it's just not exactly rich compared to the median income and cost of living near major cities, though it is towards the higher end.