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Reply #4: Then you have no idea what rich is. [View All]

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Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-10 09:04 PM
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4. Then you have no idea what rich is.
There are 15,000 families (approximately) in this country with annual income averaging 35,000,000/year. They are the people who run this republic as their Wealth Protection Agency. And income is only a minor part of the story, wealth accumulation is the main story.

The genius of the repugnicant reaganization of income taxes was to collapse the tax brackets on people in the Bill Gates/Warren Buffet class down to the same bracket as skilled professionals. Doctor and Plumbers are paying the same rate as the Koch brothers. Then they sick us on each other and we fight while they build castles to keep their loot safe.
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  -Anybody, who's taxable income, is greater than $200,000 a year is rich. David Zephyr  Sep-09-10 08:24 PM   #0 
  - Well, it depends.  bemildred   Sep-09-10 08:40 PM   #1 
  - You should update you title to state $200K after deductions  ProgressiveProfessor   Sep-09-10 08:48 PM   #2 
  - That's why I wrote "taxable" instead of just income.  David Zephyr   Sep-09-10 09:00 PM   #3 
  - Americans tend to think in terms of gross income, specifically W-2 income  ProgressiveProfessor   Sep-09-10 09:06 PM   #8 
     - i'm actually a bg fan of responsible tax incentives aka "loopholes"  unblock   Sep-09-10 10:02 PM   #18 
     - Social engineering via taxes has clearly gone too far  ProgressiveProfessor   Sep-09-10 10:20 PM   #20 
        - it's a good idea, you just need to clean the slate periodically  unblock   Sep-09-10 11:36 PM   #33 
           - This is a place to err on the side of not doing it  ProgressiveProfessor   Sep-09-10 11:47 PM   #36 
     - +1  David Zephyr   Sep-09-10 10:40 PM   #23 
  - TXI  Spyderama   Sep-09-10 09:06 PM   #7 
     - Well I understand that...but most people think in terms of gross or W-2 income  ProgressiveProfessor   Sep-09-10 09:09 PM   #11 
  - Then you have no idea what rich is.  Warren Stupidity   Sep-09-10 09:04 PM   #4 
  - a family that nets $250K, with average wealth, in Manhattan, DC, etc. has nothing in common with  spooky3   Sep-09-10 09:18 PM   #14 
  - So, what?  Frank Booth   Sep-09-10 10:19 PM   #19 
  - Your first sentence makes me laugh. Make $250k "in any place" in the US. I dare ya.  cherokeeprogressive   Sep-09-10 10:55 PM   #28 
  - Median family income in manhattan = $50K. So somehow the not-so rich manage to survive there.  Hannah Bell   Sep-09-10 11:01 PM   #29 
  - That wasn't my point, and I grew up in a place about as desolate as you can get in  Frank Booth   Sep-10-10 12:08 AM   #40 
  - Please re-read my post, which was not about living "fairly comfortably."  spooky3   Sep-10-10 09:01 PM   #60 
  - They're in the top 2% of *all* income tax filers, richer than 98% of the country.  Hannah Bell   Sep-09-10 10:52 PM   #27 
  - You don't care about equity and fairness then.  spooky3   Sep-10-10 09:02 PM   #61 
  - Very true - professionals earning a couple hundred thousand  TBF   Sep-10-10 08:09 AM   #48 
  - but that was always the case, even before Reagan  hfojvt   Sep-09-10 09:41 PM   #15 
  - Though I agree with much of what you say, income tax filers making $250K are in the  Hannah Bell   Sep-09-10 10:51 PM   #26 
     - Master Plumber - 200/hr 400K/yr.  Warren Stupidity   Sep-10-10 06:14 AM   #43 
        - I know it is all divisive tactics to keep us in-fighting.  TBF   Sep-10-10 08:12 AM   #49 
        - Maybe some place  pipoman   Sep-10-10 08:17 AM   #51 
        - 80-100 is the going rate for union journeymen -  Warren Stupidity   Sep-10-10 09:12 AM   #52 
        - Those making $250K/yr are the top 2% of filers; they aren't just "highly skilled professionals  Hannah Bell   Sep-10-10 12:04 PM   #56 
        - That is just not true.  Warren Stupidity   Sep-10-10 01:25 PM   #58 
           - what's not true, that those making $250K are the top 2% of filers, or that they  Hannah Bell   Sep-11-10 12:18 PM   #66 
        - Not this Joe the Plumber bullshit again  ObamaIn2012   Sep-10-10 10:20 PM   #65 
  - Why is that fat man with the glasses grinning like a fool??  BrklynLiberal   Sep-09-10 09:04 PM   #5 
  - I can think of one obvious (even tautological) explanation. nt  bemildred   Sep-09-10 09:11 PM   #12 
  - in my working life since 84 I have just about made 250,000.  Skink   Sep-09-10 09:05 PM   #6 
  - Obama took away their tax cuts?  BlueCheese   Sep-09-10 09:08 PM   #9 
  - They will expire without his signature on a bill that renews them.  David Zephyr   Sep-09-10 10:39 PM   #22 
  - K & R!  lonestarnot   Sep-09-10 09:09 PM   #10 
  - Why are you giving Obama credit for "taxing away their tax break"?  Statistical   Sep-09-10 09:18 PM   #13 
  - They will expire without his signature on a bill that renews them.  David Zephyr   Sep-09-10 10:45 PM   #24 
     - You are easily fooled.  Statistical   Sep-09-10 11:33 PM   #32 
  - Since that's twenty times what I live on,  Sal Minella   Sep-09-10 09:43 PM   #16 
  - for one thing, "rich" cannot possibly be defined SOLELY by income  unblock   Sep-09-10 09:54 PM   #17 
  - Well jeez, if you parse it enough, you can argue that no one is rich  OffWithTheirHeads   Sep-09-10 10:33 PM   #21 
  - i think it's safe to say there are definitely some rich people out there!  unblock   Sep-09-10 11:59 PM   #39 
  - Another example  Yupster   Sep-09-10 10:50 PM   #25 
  - the example of having millions in tax-free bonds is a good one.  unblock   Sep-09-10 11:51 PM   #37 
  - presumably all income groups have their share of those factors. However, people making $250K are in  Hannah Bell   Sep-09-10 11:03 PM   #30 
  - Do you understand "Marginal Income Tax Rates"?  Dr.Phool   Sep-09-10 11:11 PM   #31 
     - of course i understand marginal income tax rates  unblock   Sep-09-10 11:44 PM   #34 
  - You don't know what "rich" is then.  flvegan   Sep-09-10 11:45 PM   #35 
  - +1  proteus_lives   Sep-09-10 11:56 PM   #38 
  - A lot of time is wasted on deciding what is rich and what is not  My Good Babushka   Sep-10-10 05:41 AM   #41 
  - +100  Hannah Bell   Sep-10-10 05:47 AM   #42 
  - Now that is a statement without basis  elias7   Sep-10-10 07:45 AM   #44 
  - Maybe the poster was presumptuous  pipoman   Sep-10-10 08:01 AM   #45 
  - I'm not talking about democrats on this board  My Good Babushka   Sep-10-10 10:26 AM   #53 
     - I understand...  elias7   Sep-10-10 12:21 PM   #57 
        - well, to needle you...  My Good Babushka   Sep-10-10 07:19 PM   #59 
  - +1  uponit7771   Sep-10-10 08:02 AM   #46 
  - Not everyone who makes that amt is your enemy  lukasahero   Sep-10-10 10:26 AM   #54 
     - I'm just about certain that you're missing her point.  Orrex   Sep-10-10 11:00 AM   #55 
  - Our tax increase would be ~104$ a month realized and we're VERY VERY happy to pay it if it means ...  uponit7771   Sep-10-10 08:09 AM   #47 
  - Exactly right. nt  TBF   Sep-10-10 08:14 AM   #50 
  - I agree. I pay my taxes, gladly. n/t  msanthrope   Sep-10-10 09:07 PM   #62 
  - what is with...  awoke_in_2003   Sep-10-10 09:33 PM   #63 
  - Our Democrats need to "FRAME" what they do better...  KoKo   Sep-10-10 09:33 PM   #64 
  - Agreed.  treestar   Sep-11-10 12:20 PM   #67 
 

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