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Old 11-11-2007, 05:12 AM   #30
K0aM7urg

Join Date
Oct 2005
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378
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This has been a great discussion, but can we now bring it back to the upper middle class/AMT tax burden vs. the truly wealthy not so tax burden? I'm upper middle class and I'm pissed beyond belief. I was feeling guilty, because when I heard that the tax rates might change, I thought they might benefit me (look, I don't bleed readily, but I have known that the tax system is regressive). I have since learned that nothing in the tax code will benefit anyone with less than an earned income of approximately 1.2M.

!.2 million is not upper middle class (although in this crazy city we live in, it might be close these days, at least in terms of what you can get if you want to buy).
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