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Posted on 7/28/20 at 12:09 am to
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 7/28/20 at 12:09 am to
quote:

The problem is you’re judging this from a point of singularity and not over time. A person who makes $200,000 once isn’t rich. They make it for 30 years, yes, likely.
Da fuq I'm not. I lived in my car a couple of time in college. I'm well north of $200k/yr. And as a business owner, I know I could be back in that car with quickness.

But none of that matters.

The math matters. There is no math that makes $200k a middle class income. Sorry.

I agree with you though... and this is an unpopular opinion (because everyone thinks they're "middle class")... the middle class gets ONE HELL OF A DEAL when it comes to taxes. They don't pay isht.

Nothing is going to change that. See the chart above.
This post was edited on 7/28/20 at 12:12 am
Posted by DiamondDog
Louisiana
Member since Nov 2019
10677 posts
Posted on 7/28/20 at 12:16 am to
quote:

The math matters. There is no math that makes $200k a middle class income. Sorry.



By most standards north of $350,000 is rich. Upper middle class is $200-349,999.

It’s still middle class. I’m not rich. I drive a truck. My wife a Subaru. We ain’t rich. But we also just starting out.
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