General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe $250K bar is way too high...
I would consider the "middle-class" somewhere between the 20 and 80 percentile. With that calculation, 81% of the people in this country make less than $100,000 per household. The $250K bar is in the top 4%. The $450K is in the top 2%. Which of these seem like the middle class to you?
http://blogs.wsj.com/economics/2011/10/19/what-percent-are-you/
Mass
(27,315 posts)upper middle class and totally ignore the rest.,
phleshdef
(11,936 posts)Or having their unemployment benefits extended.
Or having their child tax credits and tuition tax credits extended.
Or any of the bazillion other things Democrats have done and continue to do for "the rest".
What a load of horse shit.
One of the 99
(2,280 posts)phleshdef
(11,936 posts)ProSense
(116,464 posts)The WSJ is full of it.
$450,000 is not the top 2 percent.
Jackpine Radical
(45,274 posts)or maybe I'd put it at $150k or something, but I'm also not too concerned with where Obama is setting the bar at this point.
I think just maybe, even at $400k, he knows the Republicans won't/can't go for it, and he will then pull it back after having tarred them quite rightly with the inflexible extremist brush.
At least I hope that's what's going on.
Also, a deal that guarantees UI, ends the tax breaks on the very top end, preserves adequate provider payments in MC & contains no chains in the CPI would be maybe OK for the short term. I'm not going to slap him around just now. Let's see where the dust settles.
NNN0LHI
(67,190 posts)CreekDog
(46,192 posts)...so that is a middle class income here.
rent $2500 month (2 bedroom apartment -no, not house, and this isn't in San Francisco, which would cost more)
and most people in the USA live in urban areas, many of them are high cost urban areas.
SpartanDem
(4,533 posts)both are union and these are the people you want to tax? My parents are not freaking rich, they make the kind money they do is because they've been working 30ish years.
kentuck
(111,079 posts)They should be paying more in taxes, would be my guess.