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Old January 9th, 2013, 11:40 AM   #41 (permalink)
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Originally Posted by Speed Daemon View Post
Now that the definition of a millionaire is someone who has an income of at least $1,000,000/year, taxing at $250,000/year is only 25% of the limit. How is that stretching? It's not even pushing the limit.
I agree with you. I was taking a very charitable view... I suppose if cornered someone trying to defend 250k income getting lumped in with millionaires/billionaires could argue that if they are frugal, live in a low cost area of the country and so on they could be millionaires. Generally I think people like that should be admired and not be singled out as a problem for not paying their fair share, etc.
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