Objects in Mirror

Discuss: Are you redefining the idea of wealth... of frugality?

Posted at 7:35 AM on July 19, 2010 by Julia Schrenkler

On Minnesota Today's Insight Now section, there's an interesting question posed by contributor Robert O'Daniel:

Are you redefining the idea of wealth... of frugality?

President Obama's speeches said something like "If you make less than $300,000 your tax rate will not change." Candidate Mark Dayton talks about a $250,000 threshold.

The Internal Revenue Service has other criteria for "Alternative Minimum Tax" to kick in.

Where is the threshold between poor, lower income, middle class, and rich? Your thoughts?

Join this discussion and others at Insight Now.

July 2010
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