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[quote=Anonymous]These discussions quickly get tedious because they address two different questions:

1.  Are people making 250,000+ extremely fortunate relative to most people and most Americans, regardless of how much discretionary income they have left over?  Yes, obviously.

2.  Are most midlife professionals making 250,000+ in high COL areas who have kids and are saving responsibly for retirement/college able to indulge in lots of flashy spending without consequences?  No, of course not.

I have to say that misconceptions about #2 are a source of frustration for me, in that I feel I'm always dealing with friends/family in lower COL situations (cheaper city and/or no kids at home) who regard what I see as reasonable and responsible spending choices for our financial circumstances (buying most clothes at Target, not having smartphones, rarely taking vacations, etc.) as evidence of some sort of nutcase extreme frugality/stinginess on my part.

That said, though, I'm also fully aware of #1.  As for the Obama tax increases, bring 'em on!  I'm well aware that, regardless of whether I'm able to blow a few thousand bucks on clothes or fly the family to Paris or have a $1M house, I'm much better able to absorb a fairly trivial tax increase than the huge majority of Americans.[/quote]

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