Reply to Down and Out on $250K/year....

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[quote=Anonymous][quote=Anonymous]Why do you think the following two points support the "rich" theory and not the "not rich" theory?

1. $250K is worth less in DC than Texas; and
2. "you are still in the top 3% of income earners in this country"

The point is that being in the top 3% means less here than it does in Texas.  So someone who lives here or NY should not be paying more in taxes based on their raw income than someone with similar disposable income but a smaller salary in Texas.[/quote]

the IRS does not give a crap where you live.  should they?  maybe, but you STILL choose to live here even knowing how expensive it is and how much less disposable income you would have.

If they picked $500K, we'd have people whining about $500K not being "rich."  The government has to find a point on the income scale that makes sense for tax brackets.

If you really want the IRS to consider location in its tax rates, then start a movement.  But I'm really tired of listening to people whine and moan when there are people out there without income coming in, who have no retirement savings and who wonder where their next meal is coming from.  Get a little perspective - complaining that taxes impact your (universal your, as I don't know YOU personally say this) ability to pay for a nanny and private school makes you look foolish.[/quote]

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