Do you make over $1M per year? or $400K or $250K? Do you think that your income will ever reach these levels? You are very generous that you are willing to give up your own tax cut to protect those who do. Do you know that you may lose your job, and your 401K stock savings may drop like a rock?
No one has said netting $250K is the definition of wealthy.
Obama's tax offering will be $.04 on every dollars netted in excess of $250K
The 1st $250K is not impacted by the Bush taxes expiring under Obama's plan.
That equates to a $36K increase for someone netting $1 Million and that $1 M is the definition of wealthy.