We need to redefine terms on who is rich, meet the Potentates.

[grantcart]

When it rains it can come down in 'sprinkles','downpour','sheets','cats and dogs'.


And yet we have only one basic term with a lot of money, rich or wealthy.


It doesn't differentiate the reality that has arrived.


We have poor, working poor, blue collar, lower middle class, middle class,upper middle class and rich.


Now a poor family might be $ 20,000 a year and going up 4 categories you can reasonably classify middle class as $ 60,000 a year.


Rich starts at $ 500,000 a year.

However $ 5 million, $ 50 million, $ 500 million a year are also all 'rich'.

One to two billion a year - yep still rich.

So I suggest that we have rich ($ 500k), very rich ($ 5 million) and super rich ($ 50 million).

One penny over $ 50 million revenue in a year and you are no longer 'rich', you are a Potentate.

So if they still want to give tax breaks to the rich, very rich, super rich, maybe we can get Republicans to start thinking about putting a surcharge on the Potentates.

The person who controls the language wins the debate.

Lots of people think that they might get rich, but they also know that they are never going to be Potentates.

[aquart]

1. Yes. And Potentate has a nicely alien tinge.

[Ozymanithrax]

2. Middle class defined...

Teh class or social stratum lying above teh working class and below the upper class. It is a term taht everyboy uses every day, but hardly anybody ever defines. But it isn't income that determines middle class.