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re: .
Posted on 7/28/20 at 12:03 am to Taxing Authority
Posted on 7/28/20 at 12:03 am to Taxing Authority
quote:
Nothing better than when someone making $200k/yr describes themselves as "middle class".
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.
2
Posted on 7/28/20 at 12:04 am to DiamondDog
quote:
So, because you did well, you feel guilty others didn’t and you’re not worthy of equal treatment. If that doesn’t sum up modern America. That isn’t being stand up. That’s being a political masochist.
No, that's not it. I'm saying I wouldn't trade my present position, for the one I was always in before.
I prefer to count my blessings, instead of dwelling on the downside.
Posted on 7/28/20 at 12:04 am to DiamondDog
Wait, so the people making between 200 and 350k are getting shafted?
Posted on 7/28/20 at 12:05 am to Tunasntigers92
quote:
Wait, so the people making between 200 and 350k are getting shafted?
Are we paying a flat tax now? Then yes. A progressive tax code means we get shafted. Yearly.
Posted on 7/28/20 at 12:06 am to DiamondDog
quote:
A person who makes $200,000 once isn’t rich
If a person who makes 200k isn't rich/upper class, what are they?
Posted on 7/28/20 at 12:07 am to Tunasntigers92
Income never equates to wealth. You can’t tell me someone is rich by looking at a W2.
Posted on 7/28/20 at 12:09 am to DiamondDog
quote: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.
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.
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 on 7/28/20 at 12:11 am to DiamondDog
Right, wealth pretty much refers to the stock of assets held by an individual, at a single point in time. How someone who makes 200k and over a year allocates their paycheck is on them.
Posted on 7/28/20 at 12:16 am to DiamondDog
Quit complaining and be thankful you make a decent living. At the same time understand you are not carrying anything except your family which is good. Otherwise it's difficult to decipher if you are bragging or complaining.
Posted on 7/28/20 at 12:16 am to Taxing Authority
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.
Posted on 7/28/20 at 12:17 am to jimdog
He seems like a real douchebag.
Posted on 7/28/20 at 12:18 am to jimdog
quote:
Quit complaining and be thankful you make a decent living
I am very thankful to the Lord for all his blessings.
The doesn’t mean I can’t throw tomatoes at our political class.
Posted on 7/28/20 at 12:19 am to Tunasntigers92
quote:
seems like a real douchebag.
That’s just your insecurities talking.
Posted on 7/28/20 at 12:21 am to DiamondDog
Im secure enough to not have to broadcast my wealth on an online forum, it's starting to seem like you're larping.
Posted on 7/28/20 at 12:23 am to Tunasntigers92
I don’t have any wealth. I have a budget. You’re being absolutely ridiculous.
Posted on 7/28/20 at 12:24 am to DiamondDog
quote:Not by math. The difference between 200 and 350k is 5th and 4th percentiles.
By most standards north of $350,000 is rich. Upper middle class is $200-349,999.
Median income in 2019 was $75k, btw.
quote:I know a billionaire. He drives a truck too. Cuts his own grass as well. Is he "middle clases" too?
It’s still middle class. I’m not rich. I drive a truck.
I get that you don't feel rich. But feelings aren't objective.
This post was edited on 7/28/20 at 12:27 am
Posted on 7/28/20 at 12:26 am to Taxing Authority
quote:
know a billionaire. He drives a truck too. Cuts his own grass as well. Is he "middle clases" too?
You’re smarter than this non sequitur indicates.
This post was edited on 7/28/20 at 12:27 am
Posted on 7/28/20 at 12:27 am to DiamondDog
quote:It was your evidence. Don't get mad when someone else uses it.
You’re smarter than this non sequiter indicates.
Posted on 7/28/20 at 12:28 am to DiamondDog
Rich people spend, the wealthy invest.
Posted on 7/28/20 at 12:29 am to Taxing Authority
I’m going to bed. I look forward to all the 3AM communist shade this thread will receive.
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