Reply to I Live Comfortably on Less than $70K After-Tax in DC Area

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I lived comfortably on 30K a year when I was single.  Now I earn a LOT more, but money is a lot tighter, because I have to pay childcare for 3 kids, student loans, non-subsidized health insurance, preschool, a safe and large enough car (3 kids in carseats won't fit in a cheap two-door like I had back then), health care, the list goes on and on.

Now back when I was earning 30k, single and had enough left over to travel internationally, I could have been super-smug and claimed that I didn't understand how families making twice or three times my salary weren't rich.  But I wasn't a jerk, and wasn't so arrogant as to assume that I knew other people's situations, or that I had a right to judge.[/quote]
OP here. I wasn't being smug. My comment was in response to DCUMers who keep saying that $80k is poor, even for a single w/o kids.  I was showing how that isn't true, and how $70k after tax (which is around $85k gross) is a nice standard of living (if one doesn't insist on living in DC.) 
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If $70k after tax is $85k gross, I want to speak with you accountant.  I'm getting screwed.  [/quote]

Yeah am I doing my taxes wrong? I make over 100k and my net is 68k.[/quote]
By "net," do you mean after your 401k contribution, the 529, health premium, etc.? "Net" means incime after taxes, and someone with a salary of $85k or $90k wouldn't pay more than $20k in taxes if their deductions were high enough. [/quote]

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