>But for a family of two professionals that have a career of 25 or more years, making 250K is not out of the ordinary. And they are not rich; even though they belong to the 1-2% of higher earners. If you live in NYC you will pay more than 50% for every dollar you make (federal, state, property, fees, etc.) And not much less in my liberal state.
But if you're making $260K, the new rate would apply only on that last $10K. That's what's so absurd about this whole discussion. We're talking about _marginal_ tax rates.
I appreciated George Takei's take on this:
http://www.allegiancemusical.com/blog-entry/tax-me-pleaseTamar
