I say it does not.
What say you?
I think I deserve an apology from you, if not, welcome back anyway !
If you will read the paragraph below the Index graph, you will see the disparity.
I think I deserve an apology from you, if not, welcome back anyway !
If you will read the paragraph below the Index graph, you will see the disparity.
https://www.youtube.com/watch?v=W05cPXpUHGI
let me knock down 250k for 4 years and i'm gone
think wealth is relative is a good answer, but probably not the answer you're looking for.
https://www.youtube.com/watch?v=W05cPXpUHGI
let me knock down 250k for 4 years and i'm gone
think wealth is relative is a good answer, but probably not the answer you're looking for.
don
your link does not take into account cost of living or any other financial responsibilities.
I have always made the argument that 250K in NYC is not the same as 250K in a lower cost state with zero income tax etc.
To blanket a person as being wealthy at the 250K threshold does not take the whole picture into the equation and therefore I think the idea of using 250K as the magic # to raise taxes is short sighted.
It makes for good politics and class warfare but does not hold water in my eyes.
don
your link does not take into account cost of living or any other financial responsibilities.
I have always made the argument that 250K in NYC is not the same as 250K in a lower cost state with zero income tax etc.
To blanket a person as being wealthy at the 250K threshold does not take the whole picture into the equation and therefore I think the idea of using 250K as the magic # to raise taxes is short sighted.
It makes for good politics and class warfare but does not hold water in my eyes.
and an apology? I don't think so. I speak my mind and if you are too sensitive I cannot not apologize for you. Words are words don and I dont mince them and pardon me if I use profanity as well (God forbid) but thanks for running to the mods and covers help to have me boxed...it's over so let;s just move on shall we?
Why folks cant see the big picture sham that will unfold with insurance rebates is beyond my comprehension but that is getting off topic.
and an apology? I don't think so. I speak my mind and if you are too sensitive I cannot not apologize for you. Words are words don and I dont mince them and pardon me if I use profanity as well (God forbid) but thanks for running to the mods and covers help to have me boxed...it's over so let;s just move on shall we?
Why folks cant see the big picture sham that will unfold with insurance rebates is beyond my comprehension but that is getting off topic.
austin
the same good be said about the feds.....the more money they get the more money they spend......the same can be said for many "wealthy" and non "wealthy" people.....I suppose its part of human nature for some people
austin
the same good be said about the feds.....the more money they get the more money they spend......the same can be said for many "wealthy" and non "wealthy" people.....I suppose its part of human nature for some people
wall
versus does 100K make you wealthy or 150K
I believe we can define poor much more easily than wealthy in my humble opinion.
And I know many people who are "wealthy" but miserable.
I also know many who are what is deemed middle class and less miserable if you will
moral of the story: money does not buy happiness
they are all married so that taints the data
for the record this this tax hike if enacted shouldnt effect me unless I hit lotto or have a really, really, really stellar year gambling at the casino
wall
versus does 100K make you wealthy or 150K
I believe we can define poor much more easily than wealthy in my humble opinion.
And I know many people who are "wealthy" but miserable.
I also know many who are what is deemed middle class and less miserable if you will
moral of the story: money does not buy happiness
they are all married so that taints the data
for the record this this tax hike if enacted shouldnt effect me unless I hit lotto or have a really, really, really stellar year gambling at the casino
Ktrain
Could not the same be said of someone making say 50K
If you budget, dont buy that extra car, skip that take out on Friday night, brown bag it everyday etc............
The problem is we are a country of consumption and no amount of money is ever enough for anyone....the biggest culprit being the federal goverment itself.
Listen, I am for people making as much money as they can and doing the best for their families, especially their children. It just seems that the feds no matter how much they get they spend it times 10.
The answer does not lie in more taxation and regulation my friends....it lies in a better more efficient goverement.
Ktrain
Could not the same be said of someone making say 50K
If you budget, dont buy that extra car, skip that take out on Friday night, brown bag it everyday etc............
The problem is we are a country of consumption and no amount of money is ever enough for anyone....the biggest culprit being the federal goverment itself.
Listen, I am for people making as much money as they can and doing the best for their families, especially their children. It just seems that the feds no matter how much they get they spend it times 10.
The answer does not lie in more taxation and regulation my friends....it lies in a better more efficient goverement.
Ktrain
I am trying to find out what people deem wealthy...Obama has drawn the line at 250K.
I see that is being too low but that is just my opinion.
If someone choses to live in NYC (maybe due to a job) has a few kids, decides the public schools suck and sends their kids to private schools, has a mortgage, saves the max for retirement in their 401 K, has 2 decent cars and all his kids play for premiere sports clubs that travel then that person is not wealthy at the end of the day. Factor in state/local income taxes combined with fed taxes and what do they actually have at the end of the day?
That person is doing what he/she thinks is in the best interest of his or her family. Yes, they are choices but they are not without at least some merit.
The same can be said for someone making 50K but on a lesser scale if you will.
Of course, some could argue that the millionaire with a private yacht etc also has spent a great deal of earned income at the end of the day.
I guess the bottom line is that the goverment needs to do more with less somehow.
The wars didnt help and the stimulus' impact can be debated along with a whole host of other spending but something has to give.
I for one dont believe that more taxation on all who make over 250K is the answer.
I would put the # at maybe one million and there should be some forensic accouting done on the budget.
Maybe simplify the tax code and then they could spare some IRS agents to do the forensic accounting and get our govt spending and waste in order.
I blame both R's and D's equally for the financial mess this country is in.
Ktrain
I am trying to find out what people deem wealthy...Obama has drawn the line at 250K.
I see that is being too low but that is just my opinion.
If someone choses to live in NYC (maybe due to a job) has a few kids, decides the public schools suck and sends their kids to private schools, has a mortgage, saves the max for retirement in their 401 K, has 2 decent cars and all his kids play for premiere sports clubs that travel then that person is not wealthy at the end of the day. Factor in state/local income taxes combined with fed taxes and what do they actually have at the end of the day?
That person is doing what he/she thinks is in the best interest of his or her family. Yes, they are choices but they are not without at least some merit.
The same can be said for someone making 50K but on a lesser scale if you will.
Of course, some could argue that the millionaire with a private yacht etc also has spent a great deal of earned income at the end of the day.
I guess the bottom line is that the goverment needs to do more with less somehow.
The wars didnt help and the stimulus' impact can be debated along with a whole host of other spending but something has to give.
I for one dont believe that more taxation on all who make over 250K is the answer.
I would put the # at maybe one million and there should be some forensic accouting done on the budget.
Maybe simplify the tax code and then they could spare some IRS agents to do the forensic accounting and get our govt spending and waste in order.
I blame both R's and D's equally for the financial mess this country is in.
drJ
I dont think you are alone with your situation. In fact it is probably more common than uncommon.
Keep up the good fight and take care of that family!
drJ
I dont think you are alone with your situation. In fact it is probably more common than uncommon.
Keep up the good fight and take care of that family!
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