Is it Possible to give an Explanation on why 250K is the magic number?

[Skip8282]

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?

[Irongrip400]

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.

[Soul Crusher]

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. 

[Skip8282]

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.

[Soul Crusher]

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 

[Dos Equis]

I think the president pulled the number out of his rear end. 

[Irongrip400]

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.

[Al Doggity]

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?

[tbombz]

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

[chadstallion]

because it's more than I make.

[Soul Crusher]

because it's more than I make.

And that is all that leftist collectivist thugs and greedy pofs care about - getting the other guy. 

[LurkerNoMore]

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?

[chadstallion]

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.

[Skip8282]

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.

[Skip8282]

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?

[LurkerNoMore]

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.