We are a 2-income couple with total income > 250k. We don’t feel rich at all as we are living in South California with high state income tax and high house price, high property tax.
If Obama is going to raise income tax and social security tax for couple making > 250k, one of us is going to quit our salaried job and become a contractor. I am going to liquidate all my stocks in US and shift it to oversea.
Obama is an idealist who does not understand economics and punish productivity in favor of entitlement. USA is not supposed be a Socialist country!!!
