Ahhh feels good to be in the middle class at 300k a year

[Anonymous]

Now all you douchebags can shut up about how 250k is rich.

450k is rich, it's the law

[Anonymous]

Guess there's a lot of poors then. $300k is a lot.

[jsteele]

Don't count your taxed-at-a-lower-rate dollars just yet. The House still has to approve the bill. That's the same bunch which just rejected a bill keeping the lower rates all the way to $1 million.

[Anonymous]

I'm middle class now? What a difference a day makes!

[Anonymous]

this is pretty offensive really...but I trust there will be a day when all of those who gloat defining themselves as "middle class" at 300K will tumble and feel what being middle class really is like. Karma is a bitch really. You should have just been happy for what you have and your obvious good fortune and stopped short of gloating or calling people douchebags.

[Anonymous]

Such douchebaggery. I just read an article about babies freezing to death in Kabul refugee camps. We are ALL impossibly rich here on dcum.

[Anonymous]

Anonymous wrote:this is pretty offensive really...but I trust there will be a day when all of those who gloat defining themselves as "middle class" at 300K will tumble and feel what being middle class really is like. Karma is a bitch really. You should have just been happy for what you have and your obvious good fortune and stopped short of gloating or calling people douchebags.

I don't have a problem with anyone at any income level higher or lower. The douche bags are those that constantly bitch about how those making 250k are rich , they are not. In fact I don't care if you make a million a year and don't complain about their tax rates. In fact the real rich pay more in taxes overall. Karma is minding your own business and not wishing ill harm on those that barely make above 250k. Be happy and leave other people's taxes alone no one is trying to make you pay more .

[Anonymous]

Anonymous wrote:

Anonymous wrote:this is pretty offensive really...but I trust there will be a day when all of those who gloat defining themselves as "middle class" at 300K will tumble and feel what being middle class really is like. Karma is a bitch really. You should have just been happy for what you have and your obvious good fortune and stopped short of gloating or calling people douchebags.

I don't have a problem with anyone at any income level higher or lower. The douche bags are those that constantly bitch about how those making 250k are rich , they are not. In fact I don't care if you make a million a year and don't complain about their tax rates. In fact the real rich pay more in taxes overall. Karma is minding your own business and not wishing ill harm on those that barely make above 250k. Be happy and leave other people's taxes alone no one is trying to make you pay more .

What do you call "rich?" Also, I'd be interested to hear an income you consider "poor."

[Anonymous]

If being in the top 5% of this country is not "rich" in your minds then there is no hope for you. It's shameful to grub for more when you are so well off.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:this is pretty offensive really...but I trust there will be a day when all of those who gloat defining themselves as "middle class" at 300K will tumble and feel what being middle class really is like. Karma is a bitch really. You should have just been happy for what you have and your obvious good fortune and stopped short of gloating or calling people douchebags.

I don't have a problem with anyone at any income level higher or lower. The douche bags are those that constantly bitch about how those making 250k are rich , they are not. In fact I don't care if you make a million a year and don't complain about their tax rates. In fact the real rich pay more in taxes overall. Karma is minding your own business and not wishing ill harm on those that barely make above 250k. Be happy and leave other people's taxes alone no one is trying to make you pay more .

What do you call "rich?" Also, I'd be interested to hear an income you consider "poor."

Stop trying to classify and stereotype, we are all Gods children.

In the dc area upper middle class ends at around 400k, in texas its much lower. You cant make a single tax table without adjusting for locality. If you do make a single tax table you must set the rich rate using the most expensive place to live , dc is pretty expensive .

[Anonymous]

Anonymous wrote:If being in the top 5% of this country is not "rich" in your minds then there is no hope for you. It's shameful to grub for more when you are so well off.

And most of that 5% is concentrated around expensive areas where it costs close to a million for a decent house. Duh its where you live. Maybe we should argue that all of the united states including single the mom of 5 living on social security is rich because we make more money then the rest of the world like the villagers in africa?

[Anonymous]

The whiners who think that $250K is not rich or $300K is middle class are ones who for some odd reason seem to think that terms like "middle class" and "rich" are defined as absolute terms that mean a certain life style rather than a relative term compared to the rest of society.

Once again, for those in the back playing with their iPhones and not paying attention, "middle class" is that section in the MIDDLE of the income earning population or those in the MIDDLE of the household wealth owners. That is roughly those in the 25th to 75th percentile. For income, the median HHI in the nation is about $50-60K. For the DC metro area, the median HHI is about $75-90K (about $75 in the district and about $85-90K in the suburbs). The 25th to 75th percentiles nationwide are about $35K-125K depending on area and the 25th to 75th percentiles in the DC area are about $40K-150K. Median net worth in 2010 was about $55K-75K (depending on which source you cite, CBS is at the low end, CNN at the high end). While the DC area has 7 of the 10 highest wealth counties in the country, the #1 (Loudon County) is only $119K. The median in the DC area is probably somewhere around $100K (that's conjecture on my part).

Those who make $250K HHI or more, who have homes, IRAs or 401Ks, 529s and such with several hundred thousand in retirement, college savings, home equity, etc are so far from the middle class, it's a joke that you're claiming to be part of the middle class. The middle class is not the same as it was when Ward and June Cleaver were bringing up the Beav. Even if it was, you're still beyond that. The average household size in the 1950's was under 1500 sq ft. The house that my parents bought in 1957 that they had my two siblings in was about 1300 sq ft. That was about average. The average house now is about 2400 sf--nearly double the size. In 1950, most households had one car. Now, most households have two, especially the ones with $250K+. Average, middle class people in the 1950's did not live in the areas with the BEST schools either. Those areas were still above median and were expensive even then.

So those who think that living in the areas with the best schools, having an "average" size house and two cars (whether they are old or not) plus retirement, 529's, extras, vacations, are way out of the realm of middle class. You are in the top 2-3% of the nation and whining that you aren't in the top 1%. You all need a very big reality check.

[Anonymous]

Anonymous wrote:The whiners who think that $250K is not rich or $300K is middle class are ones who for some odd reason seem to think that terms like "middle class" and "rich" are defined as absolute terms that mean a certain life style rather than a relative term compared to the rest of society.

Once again, for those in the back playing with their iPhones and not paying attention, "middle class" is that section in the MIDDLE of the income earning population or those in the MIDDLE of the household wealth owners. That is roughly those in the 25th to 75th percentile. For income, the median HHI in the nation is about $50-60K. For the DC metro area, the median HHI is about $75-90K (about $75 in the district and about $85-90K in the suburbs). The 25th to 75th percentiles nationwide are about $35K-125K depending on area and the 25th to 75th percentiles in the DC area are about $40K-150K. Median net worth in 2010 was about $55K-75K (depending on which source you cite, CBS is at the low end, CNN at the high end). While the DC area has 7 of the 10 highest wealth counties in the country, the #1 (Loudon County) is only $119K. The median in the DC area is probably somewhere around $100K (that's conjecture on my part).

Those who make $250K HHI or more, who have homes, IRAs or 401Ks, 529s and such with several hundred thousand in retirement, college savings, home equity, etc are so far from the middle class, it's a joke that you're claiming to be part of the middle class. The middle class is not the same as it was when Ward and June Cleaver were bringing up the Beav. Even if it was, you're still beyond that. The average household size in the 1950's was under 1500 sq ft. The house that my parents bought in 1957 that they had my two siblings in was about 1300 sq ft. That was about average. The average house now is about 2400 sf--nearly double the size. In 1950, most households had one car. Now, most households have two, especially the ones with $250K+. Average, middle class people in the 1950's did not live in the areas with the BEST schools either. Those areas were still above median and were expensive even then.

So those who think that living in the areas with the best schools, having an "average" size house and two cars (whether they are old or not) plus retirement, 529's, extras, vacations, are way out of the realm of middle class. You are in the top 2-3% of the nation and whining that you aren't in the top 1%. You all need a very big reality check.

I guess you are all for the living standard of the american dream to be lowered. If you are right why did obama and the dems say 400k?

By the way I don't have an iphone I have a free android phone. Think about this, after taxes, 401k, mortgages and savings my disposable income is the same as my inlaws outside of the dc area who has the same size home and only needs one income of much less a year. So you are saying housing costs don't matter and don't affect cost of living?

[Anonymous]

I'd be ecstatic to be making 25% of the $250k.

- signed a teacher who teaches your children

[Anonymous]

Alright. All of you people whining about the high cost of housing in DC are free to move to Ohio or New Mexico. Otherwise, please stop already. You've made a choice to leave here, now deal with it. You can go elsewhare and be more then "middle class" if you want.