Friday, July 17, 2009

The Government’s Definition of Rich

The Government’s Definition of Rich

The Administration’s s definition of who is rich is a laugh. It bases its argument for taxation on outmoded figures when families depended on only one of its heads working.

That may have been the norm twenty years ago. Today, women have careers, especially after their children are grown. When both husband and wife, and sometimes single youngsters add to household income, family total income may reach what this Administration calls “rich” and get taxed accordingly.

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