We are told that families earning over $250,000 a year are wealthy. That is, of course, if the family consists of two working adults who happen to be married. If said family simply lives together under the same roof without being married, then they can earn up to $400,000 per year before they join the ranks of the wealthy. Hmmm—something seems very wrong with policy that essentially penalizes people who make the commitment of marriage, which researchers tell us again and again is a significant predictor of positive educational outcomes for the children involved.
Individuals are considered to be wealthy once they earn $200,000, which, coincidentally, is just above the current salary earned by Members of Congress (except for those in leadership positions who earn more). It would be meaningful if congress were asked to vote on legislation that would essentially force them to tax themselves.
To read the full, original article click on this link: Who Are Those 1-Percent People? - Brainstorm - The Chronicle of Higher Education
Author: Diane Auer Jones
