Obama's first failed appointment

[TGRR]

Originally Posted by lookout123

Sugarpop has finally tagged rich as a label to identify those earning between $5-10MM/year. Obama wants tax increases for those earning $250K+. That would seem to indicate he wants to increase taxes for those that Sugarpop does not feel are rich. Just curious how she feels about that.

Wow.

I'd say you're rich if your annual wage would buy a decent 4 bedroom house in the area you live in.

So in Tucson, you're rich if you make $175,000/yr. In New York, you're rich if you make $1,100,000, etc.

I'd say the average would be about $200,000.