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> The rate only increases if your income is above $250k, which doesn't seem unreasonable. How "reasonable" that seems would depend on from which side of the $2
by jack-r-abbit 11y ago
> The rate only increases if your income is above $250k, which doesn't seem unreasonable.
How "reasonable" that seems would depend on from which side of the $250k mark you are looking at it. Of course it is an easy sell to convince people to vote for a tax they don't have to pay. But such is democracy... two wolves and a lamb voting on what to have for lunch.
- Mikeb85 11y agoThe 'basic' cost of living for everyone is more or less the same. It's a proportionally larger share of your income if you have less money. $250K is a high wage relative to the cost of living in the US today.
- jack-r-abbit 11y agoWell... "more or less" has a pretty large variance. My mother rents a 2 bedroom duplex in Idaho for like $500/month. In the Bay Area I could probably rent a tent in my backyard for $500/month. A person making $150k/yr where she lives in Idaho is going to be far better off than a person making $250k/yr in the Bay Area.
- Mikeb85 11y agoYes. But someone making $150k in either place is going to be better off than someone making $30k in either...