For me, I believe the IRS report is wonderful. It is wonderful to learn that in this terrible economy, we can have an increase in the number of people that made a million dollars last year. Who knows what these people made the year before? They may have made $30,000 or $40,000. So hats off to you new people in that 18% category that made a million dollars last year because that’s what America is all about. It's not just the money, but it's the fact that America is still the land of opportunity.
Contrary to Obama's position, the IRS report illustrates that some people are managing to struggle through the economy, and are doing exceptionally well. Good for them! That is the American way.
I might also add that a million dollars is like the old grey mare. It's not what is used to be.
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