DIYbanter - View Single Post - OT

In article ,
says...
Certainly not picking a fight here but what is meant by the term wealthy or
rich? I hear and read this term quite a bit and, given it is an election
year, have no doubt that its frequency of use will increase.

That's simple: "wealthy" is someone who has more than you do (when
the term is being uttered by a politician to "regular folks"). The
"rich" are those who make more than you do. Of course this means that
anybody who makes more than you do, or has more than you do should be
taxed heavily in order to make sure that they eventually are equal to
you -- regardless of how hard they have worked. Of course this doesn't
apply to the person on the podium who more than likely makes their
definition of "rich" (often now referred to as someone making more than
$100k per year) look like the poor house. Thus you have one candidate
who made money the old fashioned way (he married it) and another who is
a multi-hundred millionaire by nature of sueing for the "oppressed" and
keeping 60% of their winnings telling those who make more than $100k how
they should suck it up and "pay their fair share".

So, what is meant by it? Ideally I'd like to know the meaning or definition
in terms of both total net assets and annual net income

"Swingman" wrote in message
...

You're wrong. "Most" politicians aren't "wealthy"... until they get into
Congress.

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Last update: 2/28/04