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Reply to "Is a family in DC making $200k "wealthy"?"
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[quote=Anonymous]I agree that wealth is assets not income, but here in DC, even without sending your kid to private school, you pay through the nose for housing. The cost of living isn't cheap. I get irritated when an income number for being "wealthy" is thrown out there to instigate class warfare, without any thought as to how much it costs to live in the area. I'd love to be making $200K in Iowa, but it doesn't go nearly as far in DC. Neither does $20K. [/quote]
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