General Discussion
In reply to the discussion: In just 5 hours and 26 minutes, the Bush Tax Cuts are DEAD FOREVER! [View all]RomneyLies
(3,333 posts)$250K for a family of four would be at the upper end of upper middle class in most large cities when you consider the upper middle class is the professional class without outside incomes (doctors, lawyers, etc.). My wife and I do not fall into that arena.
Go beyond that and you are in upper class.
Yes, it's somewhat arbitrary, but you have to draw lines somewhere.
And quite frankly, I would have no problems personally with dropping that considerably and increasing my own taxes dramatically on the upper end of my family's income (we would be at the bottom end of upper middle class i.e. just past the five figure threshold for professional class). The problem is you do not have the political will in this country to make that happen in either the 112th or 113th Congresses.