Relevant and even prescient commentary on news, politics and the economy.

Define Rich, Part III. What the tax tables of yore say.

┬áBy Daniel Becker Randolph Duke: Money isn’t everything, Mortimer. Mortimer Duke: Oh, grow up. Randolph Duke: Mother always said you were greedy. Mortimer Duke: She meant it as a compliment. Trading Places 1983 A while ago (an understatement) I posted on the question of what is rich. The first dealt with what issues to consider […]

The Rich *Are* Different

by Tom Bozzo Yesterday, run75441 sent an e-mail to the Bears touching off a bit of a discussion on the perennial question of what constitutes the “middle class” or a “middle-class income.” Run’s touchstone was the AMT, which has been turned by bad legislation (not indexing the zero bracket; interactions with the Bush-era changes to […]

Define rich!!!!!!!!

(I’m broadening the discussion now.)by Divorced one like Bush Define rich. Define rich! Define rich? That’s the come back every time the issue of raising the income tax on the rich come up. What is unsaid is: Go ahead. Define rich. I dare ya! (Triple dog dare at that.) Fine. I’ll accept the challenge. But, […]