billandamy
New Member
- Oct 22, 2007
- 3,043
- Boat Info
- 2008 205 sport. MonsterTower wakeboard tower.
- Engines
- 5.0 mpi (260 hp) alpha one drive with 19p ss prop.
I think the definition of "rich" is way too subjective to equal dollar amounts. Making $150k a year in Arkansas may be considered "rich", but making that in Manhattan you might as well just move out because youre pretty much going to live in a dumpster.
FWIW, in dollar amounts, I think I would consider an annual income of over $750k or so getting there, and/or assets of around $5m or more.
Either way, the tax system as it is I feel is more or less fair as a baseline to start with. It is many of the social dependence programs I feel that need serious attention first. Same with overabundant pork spending. Cut those couple of items down to a reasonable figure, and the taxes will follow suit.
FWIW, in dollar amounts, I think I would consider an annual income of over $750k or so getting there, and/or assets of around $5m or more.
Either way, the tax system as it is I feel is more or less fair as a baseline to start with. It is many of the social dependence programs I feel that need serious attention first. Same with overabundant pork spending. Cut those couple of items down to a reasonable figure, and the taxes will follow suit.