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Reply to "Down and Out on $250K/year...."
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[quote=Anonymous][quote=Anonymous] OMG- ARE YOU SERIOUS? It's one thing to say you don't want to pay more taxes -- who does?? But the fact is earning $250 + affords you more choices -- then the other 97% you don't want to hear about! I know I have those same choices. If you like the cost of living in Atlanta -- move there! We make the choice to live here -- we have to pay what it costs to live here...that doesn't make us LESS RICH...it just means we have to spend more of our riches. And yes -- there are people who are RICHER, who have generational WEALTH and have an even greater array of choices that THEY CAN AFFORD! That too, does not mean we are any less rich -- they just have MORE!. Sheesh! Some people don't have the choice of paying for private school -- in Atlanta or DC..... It's not a subjective standard based on primarily on the cost of the things you CHOOSE to spend your money on...it's just not! I am also quite sick of hearing the stats of the top 3% or top 7% of earners. I'd love to be in Nebraska on $250K/year. I'd even love to be in Atlanta on that, where private school costs are half what they are here and child care is 30% cheaper. The value of a dollar in DC metro is not the same as the value of a dollar in Nebraska. Generally, incomes in the different regions reflect this differing value. However, the "top 3%" and "top 7%" labels conveniently ignore this value difference. It's a great oversight when you are trying to induce class warfare in the midst of a political campaign. On another note: We pay $400/month to Verizon for telephone/tv/internet/cell. Do that math, and it's almost $5K/year. Everything in that over one phone line is a luxury. Start working up the scale of how much that is in percentages for the incomes discussed above, and you start to see how someone making $50K probably shouldn't have a $400/month Verizon bill and should cut back. Someone making $250K probably groans when they pay the bill, but they don't cut back the spending. It seems that 15:32 considers that rich. But you can't end the inquiry there. You have to look at what else they are paying and buying. Do they buy a new car every couple of years? Send kids to private when a good public school is available? Employ a nanny when Mom stays home? These, I think, are indicators of being rich. Not whether they have internet access at home. People make choices with their money and their lifestyle choices all the time. The big question, do you have to make choices at all or can you have it all? Having it all is rich. Making calculated choices whether you put a down payment on a car or drive your 10 year old car one more year so that you can send your child to a non-county camp is a financial tradeoff that fiscally responsible, not necessarily "rich", people make. I wonder how much phone/tv/internet/cell cost in Nebraska? [/quote][/quote]
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