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Author Topic: Is it Possible to give an Explanation on why 250K is the magic number?  (Read 405 times)
Skip8282
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« on: January 07, 2013, 07:03:19 PM »

Anyone capable of putting forth a reasonably intelligent argument.  Doesn't seem to me they did any study or comparative analysis for different cities and regions.

Maybe they did?

Anyone?
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Irongrip400
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« Reply #1 on: January 07, 2013, 07:04:55 PM »

I don't know. My wife and I make around 300k and I don't feel rich at all. I will tell you though, most have no idea what it takes to make that kind of money legitimately.
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Soul Crusher
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« Reply #2 on: January 07, 2013, 07:05:56 PM »

Anyone capable of putting forth a reasonably intelligent argument.  Doesn't seem to me they did any study or comparative analysis for different cities and regions.

Maybe they did?

Anyone?

Because that is exactly the number after perks, bonuses, etc that comes afterwhat the pieces of shit in the congress and senate take home. 
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Skip8282
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« Reply #3 on: January 07, 2013, 07:21:33 PM »

I don't know. My wife and I make around 300k and I don't feel rich at all. I will tell you though, most have no idea what it takes to make that kind of money legitimately.



What type of area are you in.  In NY city, not going as far with 300K.  Macon, GA....you may be considered pretty damn rich.

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Soul Crusher
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« Reply #4 on: January 07, 2013, 07:23:15 PM »



What type of area are you in.  In NY city, not going as far with 300K.  Macon, GA....you may be considered pretty damn rich.



I'm in NYC - 250k is not rich by any stretch. 

Even if it is - its nothing compared to the size of the debt, deficit, and problems we face 
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Beach Bum
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« Reply #5 on: January 08, 2013, 02:38:51 PM »

I think the president pulled the number out of his rear end. 
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Irongrip400
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« Reply #6 on: January 08, 2013, 07:19:15 PM »



What type of area are you in.  In NY city, not going as far with 300K.  Macon, GA....you may be considered pretty damn rich.



Southern Virginia, btw go Ravens.
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Al Doggity
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« Reply #7 on: January 08, 2013, 07:22:41 PM »

Anyone capable of putting forth a reasonably intelligent argument.  Doesn't seem to me they did any study or comparative analysis for different cities and regions.

Maybe they did?

Anyone?

Isn't it just the top tax rate during the Clinton era?
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tbombz
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« Reply #8 on: January 08, 2013, 07:49:47 PM »

wasnt a number arbitrarily chosen by obama, it was/is a pre-established benchmark that divides earnings bracket.
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chadstallion
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« Reply #9 on: January 09, 2013, 09:13:39 AM »

because it's more than I make.
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« Reply #10 on: January 09, 2013, 09:31:27 AM »

because it's more than I make.

And that is all that leftist collectivist thugs and greedy pofs care about - getting the other guy. 
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LurkerNoMore
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« Reply #11 on: January 09, 2013, 02:00:27 PM »



What type of area are you in.  In NY city, not going as far with 300K.  Macon, GA....you may be considered pretty damn rich.



You live in Macon, GA?
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chadstallion
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« Reply #12 on: January 10, 2013, 11:54:57 AM »

And that is all that leftist collectivist thugs and greedy pofs care about - getting the other guy.  
do you feel "gotten"
well, congratulations on your income level.
under the present tax laws and with the help of a crack CPA and wealth manager, you , too, can avoid that magic number.
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Skip8282
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« Reply #13 on: January 13, 2013, 04:42:51 PM »

You live in Macon, GA?


No, my Aunt and Uncle.

In the capital area of MD, 250K would not be considered rich or even wealthy.  Now, you can live comfortably in this area on 250K, but not rich.
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Skip8282
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« Reply #14 on: January 13, 2013, 04:43:36 PM »

wasnt a number arbitrarily chosen by obama, it was/is a pre-established benchmark that divides earnings bracket.



Sociological earnings bracket...or gov't defined?
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« Reply #15 on: January 14, 2013, 12:40:11 PM »


No, my Aunt and Uncle.

In the capital area of MD, 250K would not be considered rich or even wealthy.  Now, you can live comfortably in this area on 250K, but not rich.

Sorry to hear.

Hopefully they were not in the Lake Tobo area when it became Section 8 over night some years ago.
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