If Trump defines wealthy as $250K and up, I’m done.
Yep I would say 500 or more and up IF it has to be this way, if Republicans had a spine it wouldn’t have to be this way. But since I’m not wealthy I’ll take a cut. 3/4’s of a sandwich is better than no sandwich.
I’m done already. As one of the favored few that pays the majority of taxes, I’m so pleased that my rates may go up. Whatever he defines as wealthy it will be way too low.
Don’t know where you live but around these parts yes, that would be considered wealthy.
Such a drama queen!
So will many members of my family but not me. That doesn’t sound conservative at all. And quite a few places now $250,000 is middle class.
Roger that.
Half the country make s $30,000/yr or less. So what do you think?
Worst is when they wonder why fewer Americans are starting small businesses, but they tax one year of $250K at a rate for “the rich”—even if the entrepreneur had only broken even for several years getting the business launched.
One of the best things they could do for new business formation would be to bring back income averaging.
From things I’ve heard about this in the past, I think the figure is much higher than that.