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And what about the President's plan to raise the taxes of those in high-income brackets, the prime art-buying public?
There are also important considerations for anyone in a high-income bracket and for people who own rental property.
He said if the trade accord passes, fully a quarter of all Mexicans will wind up in the high-income bracket.
That bill would increase the state sales tax for two years and impose a three-year surcharge on people in high-income brackets.
We're not in a high-income bracket here.
"Kerrey has said he is going to raise taxes for high-income brackets," says Mr. Ross.
But for people in high-income brackets, it was a tax increase on all their taxable earnings, a detail that did not emerge quickly in opaque Albany.
Like the city package, the Legislature's budget plan increases income taxes slightly on people in high-income brackets and raises the state sales tax a quarter of a percentage point.
But for people in high-income brackets, the tax is not a surcharge, but simply a tax increase on all their taxable earnings, budget officials and outside experts say.
There are several garments from the high-income brackets, including an imposingly broad Mantua dress from 18th-century England whose light blue silk taffeta is brocaded with a bold leaf pattern in silver.
The analysis is consistent with those in other states that have shown that as a percentage of household income, poorer people in cities and rural areas alike, spend much more on the lottery than do people in high-income brackets.
Omani nationals and residents from different countries in the high-income bracket have consistently expressed their preference for Oman Tribune when it comes to quality and extent of news coverage, layout and, above all, availability at their doorstep every morning.
"The panic is on, and it's happening this time in upper-middle-class neighborhoods and high-income brackets where the 1987 stock market crash hardly made a dent," said Mr. Gatling, who serves clients referred to the service by American Express and other creditors seeking payment on delinquent accounts.
On the other side, a rollback of Mr. Bush's cuts in tax rates for high-income brackets, on capital gains and on dividend income would yield more than $120 billion per year in extra revenue - eliminating almost a third of the budget deficit - yet have hardly any effect on middle-income families.
The tax protection "would be a very nice feature for someone who is, say, several years from retirement and in a high-income bracket, who wants to protect his portfolio from inflation but without generating higher income," said Dan Pederson, president of The Savings Bond Informer, a Detroit-based information service for investors.
Last Wednesday, Mr. Shaw approached Mr. Bruno's and Mr. Silver's senior staff with a Plan B. The city wanted a package that mirrored the state's: a one-fourth of 1 percent increase in the state sales tax for two years and a three-year income tax surcharge on people in high-income brackets.