[quote=no_such_reality][quote=AN][quote=flu][quote=AN][quote=briansd1]It’s income over $250,000, not all of it. People just don’t seem to understand the concept of marginal rates.[/quote]
Of course it’s income over $250k and it only hit 3% of the people. After that’s in the bag, what would stop them from saying, lets lower that to $150k when they need more money. That only affect a few more % of people. Those people are not middle class anyways. Then what would stop them from lowering it to $100k? That’s alost 2X the median income. It only affect another small % of people.[/quote]

AN… Talk to you wife…File for divorce. Then each of you have $200k un no-obama plan. Not to mention being a single parent gives you certain tax advantages…[/quote]
Better solution is to have my wife stay at home. Automatic income and tax reduction. I’ll use your argument from now on and just ask everyone else to pay their fair share.[/quote]

That’s funny, that’s our conclusion too. The proposed taxes all go through, my wife will basically volunteer for the next round of lay-offs.

We will then no longer need the nanny.

Net minus 2 jobs.

For us, after the tax adjustments and savings on the nanny, really a net zero to discretionary income. We lose the wifes’ additional 401K contribution, but oh well.

Our nanny, not going to be so easy on her, so I’m really hoping they hold off on this idiocy until she completes school.[/quote]

From a financial health perspective, filing for divorce has a benefit because both can continue to work and bring in money for the “family” (remember folks it’s only a divorce on paper…). Both aren’t considered rich unless you make over $200k… You can redo your titles so that for instance the home is a equal “tenants in common”. You might have to refinance, but then again rates are low. You can both claim dependent deductions. 1 kid, you would alternate every other year, 2 kids you can split 1 kid a each. Fiscally it works really well, especially if both of you are high paying professionals.