| 3. rich for one income...middle |
|
class for a two income family
|
| -Do people on DU really think $88,000 annual is rich? |
Ripley |
Aug-10-03 12:08 PM |
#0 |
 -
Hi Ripley |
oneighty |
Aug-10-03 12:18 PM |
#1 |
 -
Hi 180! |
Ripley |
Aug-10-03 12:33 PM |
#7 |
 -
32k a year |
Isome |
Aug-10-03 12:36 PM |
#12 |
| -
that sounds reasonable. I've read the average college graduate makes $40K |
Iris |
Aug-10-03 03:21 PM |
#77 |
| -
Depends |
Muddleoftheroad |
Aug-10-03 01:01 PM |
#28 |
| -
Precisely. $90K in Chicago is nothing when 2BR condos are $300K |
kysrsoze |
Aug-10-03 09:11 PM |
#111 |
| -
yeah. In Seattle $88k is.... |
Heddi |
Aug-11-03 11:47 AM |
#157 |
| -
That's right Heddy, $88K in Seattle... |
fortyfeetunder |
Aug-11-03 11:43 PM |
#202 |
| -
In NYC, anything below six figures is low income (relatively speaking)... |
smirkymonkey |
Aug-11-03 12:58 PM |
#167 |
| -
living in South Carolina, Alabama etc |
private_ryan |
Aug-11-03 11:57 PM |
#203 |
| -
Everyone in America thinks they are upperclass. |
Feanorcurufinwe |
Aug-10-03 12:18 PM |
#2 |
| -
most think they are middle class |
pop goes the weasel |
Aug-10-03 12:40 PM |
# |
| -
rich for one income...middle |
mjb4 |
Aug-10-03 12:21 PM |
#3 |
| -
It's well off |
DinoBoy |
Aug-10-03 12:22 PM |
#4 |
| -
It's a good living depending on how many that amount supports |
texasblueeyes |
Aug-10-03 03:08 PM |
#74 |
| -
Well certain people do |
Nicholas_J |
Aug-10-03 12:29 PM |
#5 |
| -
The American Dream |
stopbush |
Aug-10-03 12:32 PM |
#6 |
| -
I don't believe that. |
Ripley |
Aug-10-03 12:36 PM |
#13 |
| -
Thanks for clarifying that with numbers. |
Ripley |
Aug-10-03 12:35 PM |
#10 |
| -
Sometime yes and sometimes no |
silverlib |
Aug-10-03 05:34 PM |
#92 |
| -
Nice clarification. |
poskonig |
Aug-11-03 10:21 AM |
#143 |
| -
Considering my income is a third of that, |
Clete |
Aug-10-03 12:33 PM |
#8 |
| -
if someone making $88,000 is |
tpub |
Aug-10-03 12:35 PM |
#9 |
| -
$88,000 per year is not rich. |
The Lone Liberal |
Aug-10-03 12:36 PM |
#11 |
| -
It certainly would be at MY house |
JitterbugPerfume |
Aug-10-03 12:40 PM |
#14 |
| -
Now look at the vast differences in post responses here. |
Ripley |
Aug-10-03 12:40 PM |
#15 |
| -
You ask if that were rich |
The Lone Liberal |
Aug-10-03 12:48 PM |
#19 |
| -
3% is low? |
stopbush |
Aug-10-03 01:06 PM |
#31 |
| -
For two income families it may be a little low |
Brian Sweat |
Aug-11-03 12:15 PM |
#162 |
| -
The 3% figure is low, but may be correct |
jafap |
Aug-10-03 06:03 PM |
#96 |
| -
It's poor to the rich. It's rich to me. |
aquart |
Aug-10-03 12:42 PM |
#16 |
| -
You could try and goolge to see what the average |
MUAD_DIB |
Aug-10-03 12:45 PM |
#17 |
| -
Actually, I am trying to find out right now |
Clete |
Aug-10-03 01:02 PM |
#29 |
| -
Jody posted the same links I have below.n/t |
Clete |
Aug-10-03 02:01 PM |
#57 |
| -
Everyone here keeps making a basic mistake... |
Feminist_man |
Aug-10-03 12:45 PM |
#18 |
| -
Here's one for you |
stopbush |
Aug-10-03 01:24 PM |
#46 |
| -
You nailed it! |
Feminist_man |
Aug-10-03 01:54 PM |
#54 |
| -
Tracing assets is very complex |
Muddleoftheroad |
Aug-10-03 01:55 PM |
#55 |
| -
I agree, but we seem to make do with housing.. |
Feminist_man |
Aug-10-03 02:08 PM |
#59 |
| -
Other assets |
Muddleoftheroad |
Aug-10-03 02:14 PM |
#62 |
| -
To an extent, but we make do... |
Feminist_man |
Aug-10-03 03:01 PM |
#71 |
| -
Not exactly. |
shimmergal |
Aug-11-03 12:11 PM |
#161 |
| -
A tax on assets takes no account of ability to pay |
starroute |
Aug-10-03 02:37 PM |
#68 |
| -
Read post 56 below..... |
Feminist_man |
Aug-10-03 02:48 PM |
#70 |
| -
I'll take the $40k |
Fescue4u |
Aug-10-03 08:04 PM |
#107 |
| -
Squarely Middle Class. |
Fescue4u |
Aug-10-03 08:08 PM |
#108 |
| -
Wealth would be fine |
SyracuseDemocrat |
Aug-10-03 03:45 PM |
#82 |
| -
John Edwards is talking about this!! |
tjdee |
Aug-11-03 11:55 AM |
#159 |
| -
Stats from PBS site |
Isome |
Aug-10-03 12:54 PM |
#20 |
| -
you seem to have a mistaken impression |
Cheswick |
Aug-10-03 12:55 PM |
#21 |
| -
What the hell is your problem? |
Ripley |
Aug-11-03 07:34 AM |
#130 |
| -
The word "rich" is a relative term |
greekspeak |
Aug-10-03 12:56 PM |
#22 |
| -
It is well off |
Nikia |
Aug-10-03 12:56 PM |
#23 |
| -
I'm not far from that figure |
FatbackSlim |
Aug-10-03 12:58 PM |
#24 |
| -
Go to Salary.com |
Superfly |
Aug-10-03 12:58 PM |
#25 |
| -
Actually, run the "Salary Timer" |
Superfly |
Aug-10-03 02:07 PM |
#58 |
| -
Geeez, that's about what I make!!! |
MindPilot |
Aug-10-03 12:58 PM |
#26 |
| -
Avatar |
FatbackSlim |
Aug-10-03 12:59 PM |
#27 |
| -
You're right but my house is going up $50k a year |
MindPilot |
Aug-10-03 01:09 PM |
#32 |
| -
Nice! |
FatbackSlim |
Aug-10-03 01:17 PM |
#41 |
| -
Does anyone else here see a problem with this post? |
Feminist_man |
Aug-10-03 01:28 PM |
#48 |
| -
No... |
FatbackSlim |
Aug-10-03 01:36 PM |
#49 |
| -
How??? |
Feminist_man |
Aug-10-03 01:46 PM |
#51 |
| -
Because... |
FatbackSlim |
Aug-10-03 01:48 PM |
#52 |
| -
Actually, I am suggesting taxing assets... |
Feminist_man |
Aug-10-03 02:00 PM |
#56 |
| -
I agree it's unfair... |
FatbackSlim |
Aug-10-03 02:10 PM |
#60 |
| -
Consumption taxes |
Muddleoftheroad |
Aug-10-03 02:15 PM |
#64 |
| -
To an extent |
FatbackSlim |
Aug-10-03 02:16 PM |
#65 |
| -
Assets |
Muddleoftheroad |
Aug-10-03 01:48 PM |
#53 |
| -
It's a bit more complicated than that |
MindPilot |
Aug-10-03 02:13 PM |
#61 |
| -
It's not that complicated.... |
Feminist_man |
Aug-10-03 02:43 PM |
#69 |
| -
Are you still calling me a schmuck? |
jafap |
Aug-10-03 06:26 PM |
#98 |
| -
So what about my parents? |
Yupster |
Aug-10-03 03:40 PM |
#80 |
| -
As I mentioned before, deductions would protect |
Feminist_man |
Aug-10-03 05:13 PM |
#89 |
| -
who are you calling a schmuck? |
jafap |
Aug-10-03 06:22 PM |
#97 |
| -
Yeah, but.... |
kysrsoze |
Aug-10-03 09:14 PM |
#112 |
| -
I hate to rain on your parade, |
Brian Sweat |
Aug-11-03 12:23 PM |
#165 |
| -
The payroll tax cut off is *always* calculated as an individual |
w4rma |
Aug-10-03 01:04 PM |
#30 |
| -
Context helps here |
dsc |
Aug-10-03 01:10 PM |
#33 |
| -
Payroll tax |
FatbackSlim |
Aug-10-03 01:17 PM |
#40 |
| -
That would work |
dsc |
Aug-10-03 03:03 PM |
#72 |
| -
The proposal is to remove SS cap on Benefits as Wage cap's removed |
papau |
Aug-10-03 03:30 PM |
#78 |
| -
If I were making that much |
HootieMcBoob |
Aug-10-03 01:11 PM |
#34 |
| -
Census figures |
kenzee13 |
Aug-10-03 01:12 PM |
#35 |
| -
Manhattan (NYC) skewing of top brackets |
NewYorkerfromMass |
Aug-11-03 10:50 AM |
#150 |
| -
I suppose that housing coast have something to do with it |
Nikia |
Aug-10-03 01:14 PM |
#36 |
| -
By comparison |
Muddleoftheroad |
Aug-10-03 01:15 PM |
#39 |
| -
Yes that's a very big part of it. |
MindPilot |
Aug-10-03 01:20 PM |
#42 |
| -
Cheap housing! |
midnight armadillo |
Aug-11-03 06:12 AM |
#126 |
| -
88,000.00 , I believe |
SoCalDem |
Aug-10-03 01:14 PM |
#37 |
| -
Please browse the latest census data on income at |
jody |
Aug-10-03 01:15 PM |
#38 |
| -
Depends upon your Fixed Costs... |
Monte Carlo |
Aug-10-03 01:21 PM |
#43 |
| -
For a single person with no dependents? |
ibegurpard |
Aug-10-03 01:24 PM |
#44 |
| -
I only made $8800 last year |
Philosophy |
Aug-10-03 01:24 PM |
#45 |
| -
I make just under that...... |
vi5 |
Aug-10-03 01:25 PM |
#47 |
| -
That depends... |
InkAddict |
Aug-10-03 01:38 PM |
#50 |
| -
For a family of 4, if BOTH parents earn 88K+, yes |
tameszu |
Aug-10-03 02:14 PM |
#63 |
| -
$88K/year seems like alot of money to me. |
TheBigGuy |
Aug-10-03 02:20 PM |
#66 |
| -
And it depends on |
InkAddict |
Aug-10-03 02:26 PM |
#67 |
| -
This is around what my dad makes each year... |
StrongBad |
Aug-10-03 03:06 PM |
#73 |
| -
No. Where'd you get that silly idea? |
JanMichael |
Aug-10-03 03:10 PM |
#75 |
| -
I agree - rich is the top 1% = $700k income,, few million assets |
papau |
Aug-10-03 03:39 PM |
#79 |
| -
Actually, |
SyracuseDemocrat |
Aug-10-03 03:52 PM |
#83 |
| -
You should live as a poor person |
Terwilliger |
Aug-10-03 05:16 PM |
#90 |
| -
richer is top 0.1% and 0.01% |
rman |
Aug-11-03 06:49 AM |
#128 |
| -
88K is not rich |
jiacinto |
Aug-10-03 03:12 PM |
#76 |
| -
That would not be rich |
Ramsey |
Aug-10-03 03:42 PM |
#81 |
| -
with my income in the high four figures, hell, yes! |
amazona |
Aug-10-03 04:25 PM |
#84 |
| -
depends where they are living |
JohnKleeb |
Aug-10-03 04:27 PM |
#85 |
| -
Of course an 88K income doesn't make you truly rich but |
DemBones DemBones |
Aug-10-03 04:33 PM |
#86 |
| -
Depends |
Undemcided |
Aug-10-03 05:05 PM |
#87 |
| -
LOL...unDEMcided |
Terwilliger |
Aug-10-03 09:46 PM |
#117 |
| -
YES |
Terwilliger |
Aug-10-03 05:06 PM |
#88 |
| -
Richer than 30,000 |
Liberal_Guerilla |
Aug-10-03 05:22 PM |
#91 |
| -
$88,000 puts you in the top 20% |
jafap |
Aug-10-03 05:40 PM |
#93 |
| -
it totally depends on |
leftofthedial |
Aug-10-03 05:52 PM |
#94 |
| -
Re |
seg4527 |
Aug-10-03 05:54 PM |
#95 |
| -
Your question focuses solely on income whereas "financial wealth" |
jody |
Aug-10-03 07:03 PM |
#100 |
| -
Well put |
psychopomp |
Aug-11-03 01:09 AM |
#122 |
| -
Understand, but in pursuit of still more profits, they approve the export |
jody |
Aug-11-03 10:05 AM |
#138 |
| -
Exporting jobs |
Muddleoftheroad |
Aug-11-03 10:07 AM |
#140 |
| -
"their obligation to do it."? That sounds good but unfettered competition |
jody |
Aug-11-03 10:28 AM |
#144 |
| -
Another word for unfettered is free |
Muddleoftheroad |
Aug-11-03 10:36 AM |
#145 |
| -
That's OK, but don't ask the People to pay for a military force to |
jody |
Aug-11-03 11:09 AM |
#152 |
| -
If my company |
Muddleoftheroad |
Aug-11-03 12:27 PM |
#166 |
| -
That's your opinion, but SCOTUS has ruled that government is |
jody |
Aug-11-03 01:07 PM |
#168 |
| -
Nevertheless |
Muddleoftheroad |
Aug-11-03 01:27 PM |
#171 |
| -
Nevertheless, govenment is not required to prevent an attack against |
jody |
Aug-11-03 01:34 PM |
#174 |
| -
No free ride |
Muddleoftheroad |
Aug-11-03 02:07 PM |
#176 |
| -
Why do you ignore the facts that multinational corporations do move |
jody |
Aug-11-03 02:54 PM |
#179 |
| -
Of course they do |
Muddleoftheroad |
Aug-11-03 03:02 PM |
#180 |
| -
You assert that corporations have the same rights as citizens. |
jody |
Aug-11-03 03:15 PM |
#182 |
| -
As usual |
Muddleoftheroad |
Aug-11-03 04:55 PM |
#188 |
| -
We don't need to actually dissolve corporations, just remind them that |
jody |
Aug-11-03 05:28 PM |
#189 |
| -
Sorry to interrupt, but |
Ripley |
Aug-11-03 07:21 PM |
#191 |
| -
I understand, a number of people believe that the single most necessary |
jody |
Aug-11-03 07:58 PM |
#193 |
| -
You are on a good roll my friend... |
Ripley |
Aug-11-03 08:08 PM |
#194 |
| -
Corporations |
Muddleoftheroad |
Aug-11-03 11:15 PM |
#201 |
| -
Ken Lay of Enron loves the position you occupy. For people like |
jody |
Aug-12-03 11:47 AM |
#212 |
| -
Of course |
Muddleoftheroad |
Aug-13-03 08:06 AM |
#215 |
| -
You worked |
Muddleoftheroad |
Aug-11-03 11:11 PM |
#200 |
| -
that's lower middleclass...middleclass 80k to 199k |
ElsewheresDaughter |
Aug-10-03 06:31 PM |
#99 |
| -
So what about people who make under $80,000? |
Nikia |
Aug-10-03 07:44 PM |
#102 |
| -
IRS income statistics. |
snippy |
Aug-10-03 07:20 PM |
#101 |
| -
Those figures are misleading on the surface. Here's why... |
kysrsoze |
Aug-10-03 09:24 PM |
#115 |
| -
Very true. Every year the IRS reports the number of returns with AGI over |
snippy |
Aug-11-03 07:51 AM |
#133 |
| -
$88k isn't rich, and you are absolutely right. |
gulliver |
Aug-10-03 07:57 PM |
#103 |
| -
Thanks for understanding. |
Ripley |
Aug-11-03 07:54 AM |
#134 |
| -
I think that Clark was absolutely right |
jafap |
Aug-12-03 12:37 AM |
#205 |
| -
$88K is enough to pay your bills |
Fescue4u |
Aug-10-03 07:59 PM |
#104 |
| -
Fun/horrifying--Salary Calculator |
Logansquare |
Aug-10-03 08:00 PM |
#105 |
| -
If you live out "west". it may be impressive |
molly |
Aug-10-03 08:04 PM |
#106 |
| -
$88k is not a lot out "west", if you are talking about the coast |
Democat |
Aug-10-03 11:39 PM |
#119 |
| -
Definitely not the coast |
molly |
Aug-11-03 08:16 AM |
#136 |
| -
Rich is always "more than I make" no matter what I make. |
Hamlette |
Aug-10-03 08:12 PM |
#109 |
| -
Not even close to rich - $88K is a nice, middle-class income |
DisgustedTX |
Aug-10-03 08:12 PM |
#110 |
| -
Middle class-comfortable |
inthecorneroverhere |
Aug-10-03 09:18 PM |
#113 |
| -
El Paso TX, mean income is $14,000 a yr. i worked for Boeing here, their |
sam sarrha |
Aug-10-03 09:22 PM |
#114 |
| -
4 states have median family incomes 80K+ |
carolinayellowdog |
Aug-10-03 09:31 PM |
#116 |
| -
Depends on the circumstances surrounding how the $88K is |
brensgrrl |
Aug-10-03 09:50 PM |
#118 |
| -
nice analysis |
jafap |
Aug-11-03 04:23 AM |
#123 |
| -
When I had finally had it with the Corp grind in 1997 |
FormerOstrich |
Aug-11-03 12:01 AM |
#120 |
| -
I have made slightly more than .... |
Trajan |
Aug-11-03 12:11 AM |
#121 |
| -
I have made slightly less than |
jafap |
Aug-11-03 05:45 AM |
#125 |
| -
I Wish |
REP |
Aug-11-03 04:37 AM |
#124 |
| -
That is a lot of money to make per year... |
Skidmore |
Aug-11-03 06:24 AM |
#127 |
| -
Most really wealthy people don't really earn money! |
Hubert Flottz |
Aug-11-03 06:57 AM |
#129 |
| -
No, I don't. |
xequals |
Aug-11-03 07:37 AM |
#131 |
| -
Well, Ripley, how do YOU measure up? |
BiggJawn |
Aug-11-03 07:43 AM |
#132 |
| -
I had an emergency yesterday, so I left this thread |
Ripley |
Aug-11-03 08:07 AM |
#135 |
| -
Hot topic, isn't it? |
BiggJawn |
Aug-11-03 09:54 AM |
#137 |
| -
I wasn't referring to you. |
Ripley |
Aug-11-03 10:06 AM |
#139 |
| -
Ripley, I ain't madatchu! Peace, friend! |
BiggJawn |
Aug-11-03 01:20 PM |
#169 |
| -
Okely Dokely. |
Ripley |
Aug-11-03 01:28 PM |
#173 |
| -
No |
ProfessorGAC |
Aug-11-03 10:12 AM |
#141 |
| -
Just income, what about "wealth", etc? |
poskonig |
Aug-11-03 10:18 AM |
#142 |
| -
$88,000/12 = $7,333.33/mo |
salmonhorse |
Aug-11-03 10:40 AM |
#146 |
| -
Before taxes |
Muddleoftheroad |
Aug-11-03 10:42 AM |
#147 |
| -
After taxes ... $932.72 per week......edited |
SoCalDem |
Aug-11-03 10:46 AM |
#148 |
| -
Thanks! |
Muddleoftheroad |
Aug-11-03 10:48 AM |
#149 |
| -
Should 88k earners get a bix tax cut? |
nn2004 |
Aug-11-03 11:07 AM |
#151 |
| -
No |
JVS |
Aug-11-03 11:44 AM |
#156 |
| -
Debt |
CWebster |
Aug-11-03 11:11 AM |
#153 |
| -
National stats as of 2000 place 88k in top quintile of households |
carolinayellowdog |
Aug-11-03 11:38 AM |
#154 |
| -
It is relatively well off if that is earned by one person in the family |
JVS |
Aug-11-03 11:43 AM |
#155 |
| -
I don't think $88K is rich but... |
ikojo |
Aug-11-03 11:53 AM |
#158 |
| -
I posted a poll in the Economic Issues forum |
T Roosevelt |
Aug-11-03 11:56 AM |
#160 |
| -
I think it is more than enough for anyone |
0007 |
Aug-11-03 12:15 PM |
#163 |
| -
if you live in Massachusetts and Make $88,000 you are middle class |
Braden |
Aug-11-03 12:16 PM |
#164 |
| -
if you live in Indiana w/that income, you advise the Governor... |
BiggJawn |
Aug-11-03 01:28 PM |
#172 |
| -
Hey, you're catching on... |
Ripley |
Aug-11-03 01:44 PM |
#175 |
| -
No. Well off starts at 100k. |
bif |
Aug-11-03 01:25 PM |
#170 |
| -
Context is everything. $88K/yr. isn't rich on the East or West Coast... |
rezmutt |
Aug-11-03 02:09 PM |
#177 |
| -
Not in San Francisco... |
Oracle |
Aug-11-03 02:18 PM |
#178 |
| -
If I made $45 an hour I'd feel like a king... |
killbotfactory |
Aug-11-03 03:05 PM |
#181 |
| -
it's not "struggling" in my book |
ulysses |
Aug-11-03 03:19 PM |
#183 |
| -
Okay everybody, let's give a hand to jody!!!!!!!!!!!! |
Ripley |
Aug-11-03 03:38 PM |
#184 |
| -
Hands off |
Muddleoftheroad |
Aug-11-03 04:51 PM |
#187 |
| -
First of all, I am not a tie-dyed anti-globalist. |
Ripley |
Aug-11-03 05:55 PM |
#190 |
| -
I love America |
Muddleoftheroad |
Aug-11-03 11:10 PM |
#199 |
| -
Agreed. Jody is a big plus to DU (n/t) |
Aaron |
Aug-12-03 12:43 AM |
#206 |
| -
Nobody 'Feels' Rich |
LuminousX |
Aug-11-03 03:44 PM |
#185 |
| -
oooh you sound so...uh...logical |
Ripley |
Aug-11-03 03:54 PM |
#186 |
| -
Thinking more about this thread |
Nikia |
Aug-11-03 07:24 PM |
#192 |
| -
I'll second that. Those who have been blessed with wealth have an |
jody |
Aug-11-03 08:11 PM |
#195 |
| -
There is just too much baaaaaaing around here... |
Ripley |
Aug-11-03 08:22 PM |
#196 |
| -
AWOL's records were obtained under the FOI act and are at |
jody |
Aug-11-03 08:39 PM |
#197 |
| -
Thanks for the links. |
Ripley |
Aug-11-03 08:48 PM |
#198 |
| -
I do taxes for a living and I see that people who |
WCGreen |
Aug-12-03 12:05 AM |
#204 |
| -
I've been told you don't have real fuck you money |
Wonder |
Aug-12-03 12:44 AM |
#207 |
| -
It depends where you live... |
tedthebear |
Aug-12-03 01:53 AM |
#208 |
| -
My word, |
juajen |
Aug-12-03 02:18 AM |
#209 |
| -
My wife and I made a combined $48k last year. |
dawgman |
Aug-12-03 03:07 AM |
#210 |
| -
All of these tax schemes are way too complicated |
Regice |
Aug-12-03 03:41 AM |
#211 |
| -
No. Even twice that is not 'rich'. It is simply "well off" |
quilp |
Aug-12-03 11:51 AM |
#213 |
| -
FOR ME, IT IS DAMN RICH, BOTH IN MONEY AND ATTITUDE, AND |
Pocho |
Aug-13-03 08:02 AM |
#214 |
| -
Someone with an 88K income might buy a boat... |
JHB |
Aug-13-03 08:24 AM |
#216 |
| -
Has anyone considered AGE? |
corporalclegg9 |
Aug-13-03 08:26 AM |
#217 |
| -
Teachers ARE over paid afterall!! |
Catonsville1 |
Aug-13-03 08:29 AM |
#218 |
| -
Teachers overpaid? |
cat_girl25 |
Aug-13-03 09:03 AM |
#219 |
| -
If $88K is Rich, then two teachers combined are rich |
Catonsville1 |
Aug-13-03 09:16 AM |
#220 |
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore