How rich is rich?

This post was written by marc on February 26, 2009
Posted Under: Letters to the Editor

Letter to the Editor

There are people out there who don’t think that people making over $250,000 a year are rich. That’s over $20,000 a month. That’s like a person who works 40 hours a week making $120/hour. Most people making over $250,000 a year don’t pay as high of a tax rate as the working class because a lot of their money comes from investments and capital gains that are taxed at a lower rate. I think the rich should pay their fair share and $250,000 is definitely rich. Although the rich are hurting too in this economy they aren’t hurting as bad as minimum wage earners. The people who make less than $250,000 a year won this election and it’s our turn to get a break.

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