Ok can we stop saying $300k is "rich" in DC?

[Anonymous]

No, OP. We can't stop saying that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:300k is still high income. You don't have to be a 1 percenter to be high income.

But why get angry at dual income couples making 300k who are struggling to buy a house in a nice school district and stupid enough to post on here asking for advice (and instead get told to sit down and STFU because you're RICH) when you could get mad at all the lobbyists and political consultants and contractors making 900k plus?

Here what I hear: "I don't feel rich because I'm trying to buy a freestanding SFH with stainless steel appliances and a yard and granite countertops in a neighborhood where the schools are really good. By good I mean as few FARMS kids as possible. I can't afford that." Those are all wants, not needs.

'

Yeah, pretty much this. $300K isn't enough to live in the very best neighborhoods in DC, unless you bought before the big real estate run up. C'est la vie.
Whereas $300K will buy in the very best areas in the vast majority of American cities.

-Mid 30s couple making $300K

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Not since just before the Great Depression has the income gap between rich and poor Americans been so vast. The top 1 percent of U.S. families has an income, on average, $1,153,293 a year — about 25 times the $45,567 earned on average by the rest of American families.

Those numbers are from a report, “Income Inequality in the U.S. by State, Metropolitan Area, and County,” by the Economic Policy Institute. EPI, a nonpartisan think tank, examined state-level tax data from 1917 through 2013 (the latest year available) to report the gap, the earnings and the trends in every state.

Overall, the top 1 percent of earners took home 20.1 percent of all income in the U.S. in 2013.

Virginia: $987,607 per year

Maryland: $1,024,110 per year

https://www.moneytalksnews.com/slideshows/what-the-richest-1-percent-earns-every-state/


******

The rich are getting richer and leaving us all behind in the dust and instead of doing something about THAT, we fight with each other.

I am not even close to 1% but I am okay with rich getting richer as long as they earned it lawful way. What are you proposing we do?

Add more tax brackets?????

No, I don't like that idea. I like flat-tax better. Why should people who "out-performed" others have to pay penalty for doing better in life? Let the best win.

Hahahahahahahahaha at the idea that the rich have "out-performed" the middle class and poor. Yes, if you write the laws so that they benefit you and penalize everyone else, you're just an amazing performer! Damn they've got you snowed.

[Anonymous]

Anonymous wrote:I have to explain to my kids all the time... we are rich!

We don't drive a Tesla, we don't go to huge vacations, we don't go to $48K schools. But we are rich. Period!

no you're masochistic and dumb. The 1% is laughing at you.

[Anonymous]

Why don't you ask the people who earn 50k in this region if 300k is "rich"?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Not since just before the Great Depression has the income gap between rich and poor Americans been so vast. The top 1 percent of U.S. families has an income, on average, $1,153,293 a year — about 25 times the $45,567 earned on average by the rest of American families.

Those numbers are from a report, “Income Inequality in the U.S. by State, Metropolitan Area, and County,” by the Economic Policy Institute. EPI, a nonpartisan think tank, examined state-level tax data from 1917 through 2013 (the latest year available) to report the gap, the earnings and the trends in every state.

Overall, the top 1 percent of earners took home 20.1 percent of all income in the U.S. in 2013.

Virginia: $987,607 per year

Maryland: $1,024,110 per year

https://www.moneytalksnews.com/slideshows/what-the-richest-1-percent-earns-every-state/


******

The rich are getting richer and leaving us all behind in the dust and instead of doing something about THAT, we fight with each other.

I am not even close to 1% but I am okay with rich getting richer as long as they earned it lawful way. What are you proposing we do?

Add more tax brackets?????

No, I don't like that idea. I like flat-tax better. Why should people who "out-performed" others have to pay penalty for doing better in life? Let the best win.

Hahahahahahahahaha at the idea that the rich have "out-performed" the middle class and poor. Yes, if you write the laws so that they benefit you and penalize everyone else, you're just an amazing performer! Damn they've got you snowed.

Haha right? That PP's post sounds like satire.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Not since just before the Great Depression has the income gap between rich and poor Americans been so vast. The top 1 percent of U.S. families has an income, on average, $1,153,293 a year — about 25 times the $45,567 earned on average by the rest of American families.

Those numbers are from a report, “Income Inequality in the U.S. by State, Metropolitan Area, and County,” by the Economic Policy Institute. EPI, a nonpartisan think tank, examined state-level tax data from 1917 through 2013 (the latest year available) to report the gap, the earnings and the trends in every state.

Overall, the top 1 percent of earners took home 20.1 percent of all income in the U.S. in 2013.

Virginia: $987,607 per year

Maryland: $1,024,110 per year

https://www.moneytalksnews.com/slideshows/what-the-richest-1-percent-earns-every-state/


******

The rich are getting richer and leaving us all behind in the dust and instead of doing something about THAT, we fight with each other.

I am not even close to 1% but I am okay with rich getting richer as long as they earned it lawful way. What are you proposing we do?

Add more tax brackets?????

No, I don't like that idea. I like flat-tax better. Why should people who "out-performed" others have to pay penalty for doing better in life? Let the best win.

Hahahahahahahahaha at the idea that the rich have "out-performed" the middle class and poor. Yes, if you write the laws so that they benefit you and penalize everyone else, you're just an amazing performer! Damn they've got you snowed.

Haha right? That PP's post sounds like satire.

Say what you want to but they are still in 1% and you are... well, not there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:300k is still high income. You don't have to be a 1 percenter to be high income.

But why get angry at dual income couples making 300k who are struggling to buy a house in a nice school district and stupid enough to post on here asking for advice (and instead get told to sit down and STFU because you're RICH) when you could get mad at all the lobbyists and political consultants and contractors making 900k plus?

Here what I hear: "I don't feel rich because I'm trying to buy a freestanding SFH with stainless steel appliances and a yard and granite countertops in a neighborhood where the schools are really good. By good I mean as few FARMS kids as possible. I can't afford that." Those are all wants, not needs.

Hahahah at you thinking people are still looking for stainless steel and granite

[Anonymous]

Isn't 300K top 5%?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:300k is still high income. You don't have to be a 1 percenter to be high income.

But why get angry at dual income couples making 300k who are struggling to buy a house in a nice school district and stupid enough to post on here asking for advice (and instead get told to sit down and STFU because you're RICH) when you could get mad at all the lobbyists and political consultants and contractors making 900k plus?

Here what I hear: "I don't feel rich because I'm trying to buy a freestanding SFH with stainless steel appliances and a yard and granite countertops in a neighborhood where the schools are really good. By good I mean as few FARMS kids as possible. I can't afford that." Those are all wants, not needs.

Hahahah at you thinking people are still looking for stainless steel and granite

Oh no I'm behind! What's the new keeping-up-with-the-Joneses kitchen? I'll call my contractor.

[Anonymous]

If you have be in 1% to be rich then you have to be in 1% to be poor. The rest are middle class.

[Anonymous]

jason? is that you?
http://www.cnbc.com/2017/06/27/jason-chaffetz-congressmen-should-get-30000-in-housing-subsidies.html

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:300k is still high income. You don't have to be a 1 percenter to be high income.

But why get angry at dual income couples making 300k who are struggling to buy a house in a nice school district and stupid enough to post on here asking for advice (and instead get told to sit down and STFU because you're RICH) when you could get mad at all the lobbyists and political consultants and contractors making 900k plus?

Here what I hear: "I don't feel rich because I'm trying to buy a freestanding SFH with stainless steel appliances and a yard and granite countertops in a neighborhood where the schools are really good. By good I mean as few FARMS kids as possible. I can't afford that." Those are all wants, not needs.

Hahahah at you thinking people are still looking for stainless steel and granite

Oh no I'm behind! What's the new keeping-up-with-the-Joneses kitchen? I'll call my contractor.

The Joneses can't afford a kitchen anymore.

[Anonymous]

Here's a nice place you can afford on 300k and walk to the metro, with good schools. And it has granite/stainless steel and needs no renos.

https://www.zillow.com/homedetails/1205-Edmonston-Dr-Rockville-MD-20851/37103130_zpid

[Anonymous]

Come up to 400k OP. It's not much better but better.