Who makes more money....you or your significant other?
Just pointing out that 6 figures ain't much any more. The middle class gets fucked over because tax brackets don't follow inflation.
I might make more but I get to keep less of that. The sliding scale kicks in way too early for how much money I make.
I'd bitch less if I thought I was getting some value for my dollar, but there's too much wasteful government spending on EVERYTHING. From both parties.
I might make more but I get to keep less of that. The sliding scale kicks in way too early for how much money I make.
I'd bitch less if I thought I was getting some value for my dollar, but there's too much wasteful government spending on EVERYTHING. From both parties.
His kid was in my high school class. His mom dropped him off at school in a Grand Caravan covered with question marks. And that picture isn't even really of Matthew Lesko.
As for me I still care about the same issues I always did. I haven't switched sides or changed my beliefs just because Uncle Sam now thinks I'm a big enough fish to take a larger chunk of my earnings.
I have however developed the opinion that most everyone involved in most every level of government wants to direct spending towards whatever their pet causes are. The sum total of all this being a high level of waste. So no, I'm not complaining about the classic "my tax dollars should not go to support ghetto welfare queens popping out more babies to collect more money," or whatever the typical republican carping about social programs is.
I'm doing fine. I live comfortably without having to borrow money. But I'm an unmarried 20-something who does not live in a major city. To give a counter example, my direct supervisor who is a married 20-something who does not live in a major city, has a stay-at-home wife, a couple kids, a reasonable ~2000 sq ft house, a minivan, and his car. He grosses $150k+ a year. After taxes, the mortgage, all the utilities, food & clothing for 4 people, and transportation, he only puts a couple grand a month into savings.
That's not the sort of "high earner" that high tax brackets were originally designed to catch. But because all the politicians of all stripes like nothing more than to keep spending money, it has to come from somewhere, and the simple fact is that tax brackets do not follow inflation for this very reason.
I don't see why not.
I guess if you have the people who are the "professional/managerial/upper-middle" class that'd be different from regular middle class.
But $100k/year does not a rich person make.
As for me I still care about the same issues I always did. I haven't switched sides or changed my beliefs just because Uncle Sam now thinks I'm a big enough fish to take a larger chunk of my earnings.
I have however developed the opinion that most everyone involved in most every level of government wants to direct spending towards whatever their pet causes are. The sum total of all this being a high level of waste. So no, I'm not complaining about the classic "my tax dollars should not go to support ghetto welfare queens popping out more babies to collect more money," or whatever the typical republican carping about social programs is.
I'm doing fine. I live comfortably without having to borrow money. But I'm an unmarried 20-something who does not live in a major city. To give a counter example, my direct supervisor who is a married 20-something who does not live in a major city, has a stay-at-home wife, a couple kids, a reasonable ~2000 sq ft house, a minivan, and his car. He grosses $150k+ a year. After taxes, the mortgage, all the utilities, food & clothing for 4 people, and transportation, he only puts a couple grand a month into savings.
That's not the sort of "high earner" that high tax brackets were originally designed to catch. But because all the politicians of all stripes like nothing more than to keep spending money, it has to come from somewhere, and the simple fact is that tax brackets do not follow inflation for this very reason.
I don't see why not.
I guess if you have the people who are the "professional/managerial/upper-middle" class that'd be different from regular middle class.
But $100k/year does not a rich person make.
You somehow manage to pay for a wife, a kid, a house, food, clothing, transportation, etc, right? Then you're not poor. 
I personally hate class distinctions. All they really do are cause the little people to fight amongst themselves over insignificant distinctions while the truly wealthy run away with ever more money.
To me the only thing that separates middle class from the poverty line is the ability to provide for the basics without struggling from paycheck to paycheck, and the only thing that separates the upper middle class from the middle class is a lack of dependence on borrowing money.
Then there's the rich people who can buy and sell the rest of us.
h:

I personally hate class distinctions. All they really do are cause the little people to fight amongst themselves over insignificant distinctions while the truly wealthy run away with ever more money.
To me the only thing that separates middle class from the poverty line is the ability to provide for the basics without struggling from paycheck to paycheck, and the only thing that separates the upper middle class from the middle class is a lack of dependence on borrowing money.
Then there's the rich people who can buy and sell the rest of us.
h:
Last edited by reno96teg; Nov 9, 2007 at 07:14 AM.



