Why $250k does not equate to rich [2010]

The mystical $250k first became "rich" back in 1993, when it became the top Federal income tax bracket, while $200k became "rich" way back in 1943 for the same reason.<p>$250k 1993 dollars in 2011 $370,000 $200k 1943 dollars in 2011 $2,500,000

Only richer than 98% of everyone else.