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Of the items listed, I see no problem with any of them. Is there any listed that are particularly unreasonable?
I would point out another indication that gov't (at both the State and Federal levels) are coming closer to defining "middle class". I've been maintaining that it begins around $150,000 ($230,000 depending on the formula):
"He touted continuation of a program that lowered tax rates for people making up to $300,000 a year, a plan to offer free tuition for some public college students and higher tax credits to help New Yorkers pay for child care services.
But, he told legislators Tuesday that he also wants to extend for another three years an income tax surcharge on wealthy New Yorkers, such as married couples who jointly file their taxes and make $2.1 million or more a year."
I think you mean "less than $150000." Households earning more than $150000 per year are no where near the "middle":
NY State Income Quintiles (total household income)
20% - less than $21783
40% - less than $44875
60% - less than $75632
80% - less than $124036
So, only 20% of NY State households earn more than 124036/year. NY incomes are higher than the average US income. $150000 represents the top 13% of all households.
I would not bother discussing anything with ckh. However, ckh should be banned for trolling people and misleading them into thinking that Buffalo and upstate in general is some kind of a boom town. This is outright scandalous.
I would not bother discussing anything with ckh. However, ckh should be banned for trolling people and misleading them into thinking that Buffalo and upstate in general is some kind of a boom town. This is outright scandalous.
Don't tell that lie on here... I've never said anything like that.
I think you mean "less than $150000." Households earning more than $150000 per year are no where near the "middle":
NY State Income Quintiles (total household income)
20% - less than $21783
40% - less than $44875
60% - less than $75632
80% - less than $124036
So, only 20% of NY State households earn more than 124036/year. NY incomes are higher than the average US income. $150000 represents the top 13% of all households.
The median income for all NY households is $60850 (for US it is $55775).
Exactly, $150,000 is high anywhere in the country and there is only one area in the United States with a 6 figure median household income(Los Alamos NM).
I think you mean "less than $150000." Households earning more than $150000 per year are no where near the "middle":
NY State Income Quintiles (total household income)
20% - less than $21783
40% - less than $44875
60% - less than $75632
80% - less than $124036
So, only 20% of NY State households earn more than 124036/year. NY incomes are higher than the average US income. $150000 represents the top 13% of all households.
The median income for all NY households is $60850 (for US it is $55775).
Those statistics are misleading and shouldn't be used. It hides the extent of income inequality and makes it look like the median is not relative poverty (but it most certainly is).
Instead, take total income earned by all U.S. income earners (a number that's around $13.5 trillion) and divide by the number of (and here's the subjective part)
a) all full-time, year-round income earners or,
b) all full-time income earners or,
c) all income earners (regardless of part-time, full-time, year-round, seasonal)
The number one gets is each person's "fair share" if everyone were paid the same. That should be the income that divides the upper half from the lower half. That number is six figures.
Those statistics are misleading and shouldn't be used. It hides the extent of income inequality and makes it look like the median is not relative poverty (but it most certainly is).
Instead, take total income earned by all U.S. income earners (a number that's around $13.5 trillion) and divide by the number of (and here's the subjective part)
a) all full-time, year-round income earners or,
b) all full-time income earners or,
c) all income earners (regardless of part-time, full-time, year-round, seasonal)
The number one gets is each person's "fair share" if everyone were paid the same. That should be the income that divides the upper half from the lower half. That number is six figures.
I think it would have to be adjusted by cost of living and family size. Keep in mind that median household income takes ALL households and any income into account, with the median(aka middle)household income showing where half the households are(above or below). This is a pretty good site for showing what is middle class: Are you in the US middle class? Try our income calculator | Pew Research Center
My brother lives in Houston, pays a ton of taxes, HOA fees and crazy expensive flood insurance to boot. No thanks, I'll stay in NY. Not to mention DMV fees and a whole host of other expenses. No state income tax, but they make it up in other ways. At least that's what he says. Plus, it's Texas.
My brother lives in Houston, pays a ton of taxes, HOA fees and crazy expensive flood insurance to boot. No thanks, I'll stay in NY. Not to mention DMV fees and a whole host of other expenses. No state income tax, but they make it up in other ways. At least that's what he says. Plus, it's Texas.
Not even close, if you add it all up, WNY is the most expensive and that's why it's has been losing population & business's every single year for the last 45 years and has no private investment but most of the rest country is booming with population growth, business growth & billion's of private investment
Houston is #1 and a boom Town and gained over 500,000 people since 2010 followed
closely by #2 Phoenix, #3 Austin #4 Charlotte and the rest of the pack Las Vegas, Dallas, San Diego, Seattle, Atlanta, etc......
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