blankslate
Diamond Member
- Jun 16, 2008
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Can anyone explain where Obama picked $250k from for his "rich" threshold? Why not 388k and index it to the top 1%?
$250k is a nice round number and probably many $250k households are that way because of dual incomes from college educated professionals. Yes it is an arbitrary number but depending on where you live $250k could be upper middle class and not rich by any means.