That's the number a lot of tax lawyers, accountants and "Rich" people (the ones that don't get formal paycheck like the rest of us chumps)are focusing on. Keep their income below that threshold to avoid Obama's tax increase.
Money (no pun intended) quote:
We are going to try to figure out how to make our income $249,999.00," she said.
"We have to find a way out where we can make just what we need to just under the line so we can benefit from Obama's tax plan," she added. "Why kill yourself working if you're going to give it all away to people who aren't working as hard?"
You know they will succeed. The idiots in Washington may have the power to tax but they're hopelessly outmatched compared to the brain power behind dodging taxes. Also, keep in mind that many of them will just cheat so they are safe unless of course they want to be on Obama's cabinet.