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2
Posted on 3/17/14 at 4:12 pm to BayouBandit24
You need to look at it with percents, not income.
Top 5% rich (for families this is like 300k+, individuals its like 100k)
Next 20% upper middle calss (for families this is like $130k, for individuals 75k or so)
Next 50% middle class
Next 20% lower middle class
last 5% poor
Top 5% rich (for families this is like 300k+, individuals its like 100k)
Next 20% upper middle calss (for families this is like $130k, for individuals 75k or so)
Next 50% middle class
Next 20% lower middle class
last 5% poor
Posted on 3/17/14 at 4:12 pm to VABuckeye
quote:
I'd say they have the potential to be upper middle class if they do the right things with their money.
Yea that was my minimum.
Posted on 3/17/14 at 4:14 pm to BayouBandit24
quote:
Middle class to me implies a certain social class.
that's why there's really no correct answer to the question in the original post
Posted on 3/17/14 at 4:14 pm to TheCaterpillar
what dont ya'll get here? Class would have more relevance if ya'll mentioned what type of work you did/job duties or what your dad did NOT how much you make!!!
This post was edited on 3/17/14 at 4:15 pm
Posted on 3/17/14 at 4:15 pm to Hawkeye95
quote:
Hawkeye95
I think you definitely have the right idea.
Posted on 3/17/14 at 4:15 pm to Hoyt
god this thread is a shite show
Posted on 3/17/14 at 4:16 pm to yellowfin
True that.
I think of this more as a lifestyle question than one of hard numbers and percentages.
I think of this more as a lifestyle question than one of hard numbers and percentages.
Posted on 3/17/14 at 4:16 pm to deNYEd
yeah you can make 500k and not be in "Upper Class" socially
Posted on 3/17/14 at 4:17 pm to BayouBandit24
this thread is full of retard and i don't know how in god's name it took 10 pages to come to this
Posted on 3/17/14 at 4:18 pm to yellowfin
quote:we talkin' passive or active income?
yeah you can make 500k and not be in "Upper Class" socially
Posted on 3/17/14 at 4:18 pm to Buddy Garrity
Either
Old money isn't going to include you in their group no matter how you make your cash
Old money isn't going to include you in their group no matter how you make your cash
Posted on 3/17/14 at 4:18 pm to tgrbaitn08
quote:
Brah the bottom feeders, ie cooks, galley hands, laborers, deckhands and divers are making $60k minimum. There are many many more skilled workers laughing at that number
Ok. Your 75-85% of offshore workers making 6 figures is still absurd.
Posted on 3/17/14 at 4:19 pm to Buddy Garrity
you can make 500k and not be in "middle class"!
Posted on 3/17/14 at 4:19 pm to Hawkeye95
quote:
Top 5% rich (for families this is like 300k+, individuals its like 100k)
Top 5% AGI is $155,000. That's family income on a tax return.
Posted on 3/17/14 at 4:19 pm to yellowfin
quote:
I don't consider them different concepts unless you're thinking social class
This. The whole argument is really moot anyway. There are too many factors going into "class" to even accurately quantify it. This is just an entertaining thread to see another example of the ivory tower that is the OT.
Posted on 3/17/14 at 4:20 pm to BayouBandit24
quote:
Middle class to me implies a certain social class. Median income is purely economic.
This. I know a lot of people with very high incomes (at least relative to the numbers thrown out in this thread) who are decidely middle class.
In my view, the distinction between "upper middle" and "lower upper" is probably best described as this: "upper middle" relies on a paycheck to sustain their lifestyle, whereas the lifestyle of the "lower upper" is not paycheck dependant.
Posted on 3/17/14 at 4:21 pm to Thomas Hudson
quote:
In my view, the distinction between "upper middle" and "lower upper" is probably best described as this: "upper middle" relies on a paycheck to sustain their lifestyle, whereas the lifestyle of the "lower upper" is not paycheck dependant.
ha. no. upper would have an autonomous job and lower would not
Posted on 3/17/14 at 4:23 pm to Chris Farley
quote:
This is just an entertaining thread to see another example of the ivory tower that is the OT.
The higher number you give the richer you must be right?
Posted on 3/17/14 at 4:23 pm to deNYEd
quote:
what dont ya'll get here? Class would have more relevance if ya'll mentioned what type of work you did/job duties or what your dad did NOT how much you make!!!
Then I'm done for. If I have to get my hands dirty to make sure a project is completed on time then that is what I do.
I clearly have no class.
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