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Congress Poised To Redefine 'Wealthy' As $400k A Year

US Politics & Gov't  (tags: congress, corruption, americans, economy, ethics, government, republicans, abuse )

- 1964 days ago -
With fewer than 12 hours remaining until a rash of tax hikes and spending cuts are scheduled to take effect, Senate negotiators have reached an agreement on tax rates, House and Senate aides said Monday.

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Elizabeth M (65)
Monday December 31, 2012, 1:42 pm
Boys & Girls you better get busy. In My opinion there is just no rationality to what has happened - there was enough time! If something goes wrong I am sure they will blame in on President Obama.

I Surely Hope the New Year will be a better year than 2012.

Yvonne White (229)
Monday December 31, 2012, 3:37 pm
Sounds like the CONgre$$ can hide everything but that first $400,000..ya think?

Carol H (229)
Monday December 31, 2012, 7:06 pm
noted, thanks Carrie

. (0)
Wednesday January 2, 2013, 9:30 am
This is merely a band aid solution that doesn't even come close to addressing the problem. Obama inherited this as did Bush. You could take the progression all the way back to Wilson but I think the present day woes started with Reagan and escalated when Clinton signed the legislation that discontinued Glass-Steagall; thereby creating the unfair advantage for the Wall St. Boys.

Bruno Moreira (61)
Wednesday January 2, 2013, 4:00 pm

Angelus S (119)
Wednesday January 9, 2013, 6:44 am
Wealthy used to be $80k and above.If the bottom tier of 'wealthy' is redefined, then the tier of poverty should be also. $35000 for single and $65-70 k per year for a family of 3. That means nearly every worker at Walmart,Target,Home Depot, Kohls,Menards, Hannafords,Market Basket,Barnes and Noble,Amazone,Holiday Inn, Days Inn, Comfort Inn,etc. would be considered poor under new realistic guidelines.Most Americans are poor with a dismal outlook for the future, evenr after paying a huge cost to colleges which provice barriers to entry because of their investment deals with corporations
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