$250K not wealthy in America???????? Gimme a... (compared, economic, Maryland)

[Smash255]

Originally Posted by sanrene

Totally depends on where you live.

NY, NJ, Parts of CA, CT, $250K would NOT go far, especially with a 3 Bd, 1 1/2 Bath ranch home going for $800,000.

Homes that size are not going for that price.....

[SoCalCroozer]

LOL......seems like sanrene, workingclasshero and content don't even know their own local economy well enough.

[le roi]

Originally Posted by workingclasshero

so we should set the standards by what????? mississippi

hmm.. how about the entire nation? just a thought. It is senseless to model our national tax structure based on New York City.

here in my town, for example, $50k/year for a household is an income greater than the average. $100k/year for a household puts you in the top 12%.

fine anything over 25k is rich and should be taxed at 90%

awww, you gonna take your ball and go home now?

[BringTheContent]

Originally Posted by SoCalCroozer

LOL......seems like sanrene, workingclasshero and content don't even know their own local economy well enough.

Wrong again. What do you suppose a three bedroom apartment in Manhattan goes for these days? Trust me, I know more about this than you ever will. And the answer would amaze you. You would be angry to know that anyone could even HAVE that much money.

[workingclasshero]

Originally Posted by SoCalCroozer

LOL......seems like sanrene, workingclasshero and content don't even know their own local economy well enough.

here on long island an AVERAGE 1 bedroom apartment is 1400 a month...that's for 1 bedroom plus utilities....you might be able to find an illegal basement apartment for less

[Waianaegirl]

$250k isn't wealthy. Trust me.

[SoCalCroozer]

Originally Posted by workingclasshero

here on long island an AVERAGE 1 bedroom apartment is 1400 a month...that's for 1 bedroom plus utilities....you might be able to find an illegal basement apartment for less

I pay $2000 a month for a 2 bedroom in the suburbs of Orange County. Get over it! If I made $250K a year here I'd be living like a millionaire. See you think you know what YOU are talking about but you don't.

[BringTheContent]

Originally Posted by workingclasshero

here on long island an AVERAGE 1 bedroom apartment is 1400 a month...that's for 1 bedroom plus utilities....you might be able to find an illegal basement apartment for less

And in the city that would be considered a major steal if it existed and could even be lived in. You can't get a studio for that price; not even in a decent part of Brooklyn.

[le roi]

Originally Posted by BringTheContent

Wrong again. What do you suppose a three bedroom apartment in Manhattan goes for these days?

who cares? what on earth does Manhattan rent have to do with national tax brackets?

hell, it seems to me that high taxes on $250k+ earners is exactly what is needed to bring NYC rents down!

[Smash255]

Originally Posted by workingclasshero

here on long island an AVERAGE 1 bedroom apartment is 1400 a month...that's for 1 bedroom plus utilities....you might be able to find an illegal basement apartment for less

The average legal one bedroom is probably closer to $1,200 than $1,400. You can find quite a few full house rental's for $1,800-$2,000