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Reply to "Is a family in DC making $200k "wealthy"?"
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[quote=Anonymous][quote=Anonymous]In DC, no I dont think its wealthy. This areas cst of living is heinous. I could buy a "mansion" for cash in NC for the amount I am putting down in a 20% payment to buy a pill box house here. Personally, I think they should have tax regions for each economic level. Why should I be taxed what a family with $200k in Kansas is making. Completely different situations.[/quote] I made $75k in NC when I was single, bought a 5 bedroom new home on 1/2 acre in waterfront community, 500 yards from the community dock. I definitely felt like part of the upper 5% of the population, on 75k. There's no way I could afford anything like that in DC, even though DH and I make $250k. I definitely DONT felt like part of the upper 2% of the population here, even though that's what the graph shows our family is based on HHI. I also agree that there should be special tax regions based on what zip code you work in. [/quote]
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