Aug 18, 2008 15:23
John McCain was asked to define "rich". He responded that if you mean income, it's around $5 million a year.
So that means $2.5 income would be middle class. And $1 million would be "comfortable". I must be living in a poverty third world countries envy.
He sounds like he is extremely literate in economics.
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PS: If you ask Obama, he'd probably say "rich" was around $75,000 and would want to tax you accordingly.
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P.S. Obama did define what he thought was rich. “I would argue that if you are making more than $250,000, then you are in the top 3, 4 percent of this country,” he said.
I agree.
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