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Mr. Luddite[_4_]

On 12/16/2017 4:30 PM, wrote:
On Sat, 16 Dec 2017 15:57:55 -0500, wrote:

In another group I hear people saying $100k-$250k is middle class. In
what twisted blue state, new math, world is 13%- 1.2% the middle
anything?

===

It certainly is in the New York metro area which also includes parts
of New Jersey and Connecticut. Upper income in that part of the world
starts somewhere around 400 or $500K for a family of 4. Of course
taxes are extremely high, as well as the cost of living. House prices
start in the upper 6 figures in most burbs, commutation expenses are
frequently over $500/month, and many pay state and city income taxes
in addition to federal. When I was living in New York and working in
New Jersey, NJ was taxing my wife's salary even though she never set
foot in the state. When our kids were young, child care expense was
over $20K/year and good people were hard to find. We were lucky to
keep 50 cents of every dollar we made. I suspect the same is true for
parts of California and the Washington DC area.

I got a huge virtual pay increase when I moved to Florida and started
working from home at my old NY salary.

Add a couple of horses to those expenses and you're in deep doo-doo.
:-)

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