Scott Lemieux: People who make $400K a Year: Very Affluent

Scott:

People who make 400K A Year: Very Affluent : Lawyers, Guns & Money: Prof. Brad Deling has an excellent post on a particular type of rich person rage, i.e.

$400,000 a year isn’t really that much money, so any increase in marginal tax rates is outrageous.

In this case the argument seems to be that if you don’t have an unlimited budget for luxury trinkets and vacations after buying an extremely expensive house in a good neighborhood in a terrific city and sending...