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Old 01-02-2013, 10:31 AM   #246
Quote:
Originally Posted by Javery View Post
It is a good compromise - $250k was just too low without taking into any cost of living adjustments but even in the super-expensive areas around here you are killing it if you are making $400k.
Should taxes only go up on those who are "killing it"? How do we measure "killing it"?

Alternatively, what kind of substantive financial burdens would be imposed by raising taxes on those making $250,000 per year? What have we avoided in terms of economic impact (on the individual tax payer) by raising the threshold?
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