Taxing the rich - what is the cutoff?

[724Skinsfan]

Originally Posted by saden1

I'll see your 750K and up it by 250K. I say let's make it a cool million just to be on the safe side.

I actually considered 1 mil but I think the elation of making it to the 7 figure mark would be offset by being taxed more. I'd hate to make a suggestion that leads to such disappointment. Hmm, what the hay, let's make it 1.25 million but increase the taxable % to offset all of the potential money we will have lost from the 250k to 1.25M crowd.