Home › Forums › Other › OT:Be careful what you wish for… 28% Capital Gains Tax Proposal › utcsox wrote:$500k a year
[quote=utcsox]$500k a year will make you comfortable within 1% in the United States ($388,905).
http://money.cnn.com/2014/04/04/pf/taxes/top-1-taxes/
Even in San Diego ($428,000), you are well ahead of 1%er.
http://gis.mtc.ca.gov/home/images/motm/motm212.pdf
Just since when is top 1% income “ain’t that rich”?[/quote]
$388,905 is adjusted income. Before deductions, I’m guessing $500,000. Also this is likely stats for all filers, singles and family.
I remember reading somewhere to make 1% in Coastal CA areas, a family need to have pretax income of $750,000+