[quote=kev374]It is an OUTRAGE to consider someone earning $125k/yr as “wealthy” when that income can’t even afford a decent single family home over here in Orange County. People earning $125k/yr already pay 48% in marginal taxes, you want to increase it.. Have you lost your mind?? Have you gone INSANE??
[/quote]
WHAT THE FUCK IS WRONG WITH YOU PEOPLE. 125K is a LOT of money. Concrete example: one of my friends who is under 30, on a single income of less than 80K in San Diego owns his own house in a good neighborhood, that he put 150K down on and drives a (used) BMW 7 series.
If 125K / yr isn’t rich to you: YOU’RE DOING IT WRONG!