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Reply to "Warren now the most likely nominee according to some betting markets"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]None of Warren's policies are ever going to pass. If there was a D majority even 60ds most of them still wouldn't pass She is way out of the mainstream of the political spectrum and 73k federal taxes is around 250k HHI which is very common in this area [/quote] Close. About $280k. One Fed, one software engineer. Only mortgage interest and charitable contribution deductions. All public schools, except kid 1 is in a private college with a 1/2 tuition merit award. I know We are not MC. I know we have a sizeable income. I am not saying I’m poor. But take out federal, state, etc taxes. And housing. And retirement savings. And college savings— a lot, because we got hit by the recession and started saving late. College plus retirement is $6k a month right there. And healthcare for one with a chronic, thankfully not life threatening, but not cheap, illness. It adds up fast. I think $71,000 with two kids at or near college age in an area with a very high COL is doing my part. And yes, I’d like to retire some day. [/quote] DP here. You are extremely shortsighted. What happens if you get hit by another recession and lose all the college savings? What happens if you retire, and your adult kids cannot make 280k? Or if they make 280K and have expensive challenges e.g disabled children? You should be the one championing Warren's ideas because you know what it is to struggle. And at that income, you will never be out of the woods. Don't you want different for your children and their children? My DH(a fed too) and I are in pretty much the same boat as you are. And I support Warren 100% because I want my children to live in a society where they don't have to die because they cannot afford healthcare. I want them to live in a society where they don't have to starve because they lost their jobs. I want them to live in a society where they don't have to starve because the company they work for thinks it is okay for the executives to make all the money while the rest of the employees who work just as hard live hand to mouth.[/quote]
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