Or plutocracy in modern terms. Oligarchy in Plato's Republic.
Quote from Tom B:
$200,000 for an individual and $250,000 for a couple filing a joint tax return is not rich.
Quote from LEAPup:
True.
Odumba letting the Bush tax cuts expire, AND at the same time I hear rumors about some other type of "stimulus" the idiots are thinking about.
Higher taxes, and more government spending... I want to run for the hills.:eek: Is there ANY common sense left in the US?
Quote from directionless:
$250,000 is middle class, as far as I am concerned.
My quality of life did not improve going from 55k (first job) to 300k. I still drive an economy car. Still live in a middle class neighborhood. I have a slight buffer against being on the streets, but a health care emergency could wipe me out.
A truly rich person? Someone who can't be wiped out by an unexpected health care expense -- and that does not happen unless someone makes at least 7 figures.
Quote from directionless:
$250,000 is middle class, as far as I am concerned.
My quality of life did not improve going from 55k (first job) to 300k. I still drive an economy car. Still live in a middle class neighborhood. I have a slight buffer against being on the streets, but a health care emergency could wipe me out.
A truly rich person? Someone who can't be wiped out by an unexpected health care expense -- and that does not happen unless someone makes at least 7 figures.