General Discussion

GiaGiovanni

(1,247 posts)

20. Depends on where you live: in SoCal, 250K is middle class suburban living, comfortable but not rich

Tue Nov 13, 2012, 11:40 PM

Nov 2012

In Tennessee, 250K could start to approach upper crust.

That's why 250K seems low to start taxing when you're looking at the nation as a whole. Starting at a half a million makes more sense.

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So, making $250,000 means you're poor? [View all] Tree-Hugger Nov 2012 OP

because they are greedy MF'ers graham4anything Nov 2012 #1

$250K a year is $4800 per week $19K a month Sedona Nov 2012 #2

$19,000 a month? Tree-Hugger Nov 2012 #21

if 250,000 is just getting by Enrique Nov 2012 #3

i couldnt imagine maing that. ForgoTheConsequence Nov 2012 #4

If $250K isn't much money, we REALLY need to raise the minumum wage. nt Incitatus Nov 2012 #5

If the amount you spend equals what you make you are 'just getting by'... PoliticAverse Nov 2012 #6

I have a nephew that has a friend that makes 250K, and he says that R. Daneel Olivaw Nov 2012 #7

your nephew's friend probably tries to live a $400K lifestyle... BlueMan Votes Nov 2012 #12

No kidding? When he told me this my jaw nearly hit the floor. R. Daneel Olivaw Nov 2012 #18

a LOT of Americans, no matter how much or how little they make... BlueMan Votes Nov 2012 #30

They are spending their earnings. salin Nov 2012 #36

Jesus--I'm fucking INDIGENT. MADem Nov 2012 #8

That's about where you have to draw the dividing line to keep the lawyers on your side. limpyhobbler Nov 2012 #9

$250K is a median couple in Manhattan or Fairfax County Recursion Nov 2012 #10

Annual earnings of $250,000 is not poor, but some people that earn that are over-extended. bluestate10 Nov 2012 #11

In some cities, it's not THAT much money democrattotheend Nov 2012 #13

It also depends on where a person lives PennsylvaniaMatt Nov 2012 #14

Strangely many of the same people who claim $250,000 is not a lot of money... Bjorn Against Nov 2012 #15

Yep. They don't believe in raising minimum wage nt Tree-Hugger Nov 2012 #25

Here we go again. Every couple months someone throws TBF Nov 2012 #16

Yikes... Tree-Hugger Nov 2012 #26

I think it got to be a fight because folks like the Kochs TBF Nov 2012 #49

I'm with you JustAnotherGen Nov 2012 #64

This chart is meaningless taught_me_patience Nov 2012 #40

Sure, if you're blind. TBF Nov 2012 #50

$250k puts a person in the top 10 percent. Your chart shows this group has the most wealth. Romulox Nov 2012 #52

Oh definitely - TBF Nov 2012 #59

Thanks you JustAnotherGen Nov 2012 #53

With you - TBF Nov 2012 #60

The problem is that areas where you can make $250K are very expensive areas Fresh_Start Nov 2012 #17

Yes and no Tree-Hugger Nov 2012 #28

How is even this caveat reasonable when there is no tears shed for TheKentuckian Nov 2012 #39

I posted this in the NJ JustAnotherGen Nov 2012 #55

Perspective! rufus dog Nov 2012 #19

Depends on where you live: in SoCal, 250K is middle class suburban living, comfortable but not rich GiaGiovanni Nov 2012 #20

In the end, as several others have already pointed out, SheilaT Nov 2012 #22

Keeping up with the Joneses Tree-Hugger Nov 2012 #33

You've expressed it very well. SheilaT Nov 2012 #45

... FieryLocks Nov 2012 #23

It's all relative. The $400k Mittens made for speaking really wasn't that much money to him. MrSlayer Nov 2012 #24

It would be awfully tempting to ask them ... surrealAmerican Nov 2012 #27

I can tell you Tree-Hugger Nov 2012 #34

Exactly !! The very same people who claim 250K ain't nothing will not raise it at all lunasun Nov 2012 #48

I'd imagine most of them think the minimum wage should be $0.00/hr. (nt) Posteritatis Nov 2012 #41

It means you frequently have cash flow problems Warpy Nov 2012 #29

But, but you have Internet and a microwave! nadinbrzezinski Nov 2012 #31

We can probably put a number on what it takes to have a comfortable living Dyedinthewoolliberal Nov 2012 #32

They're out of touch upi402 Nov 2012 #35

It's a great position to be in, but it is still work, Ilsa Nov 2012 #37

I guess it's not just the wages from the job Rosa Luxemburg Nov 2012 #38

250k is not poor, but it is not "rich" in expensive cities. n/t taught_me_patience Nov 2012 #42

If that city is Monte Carlo, maybe... Blue_Tires Nov 2012 #63

Well to be honest that depends LynneSin Nov 2012 #43

All relative. To folks in Kenya and Tanzania, $24,000 a year makes YOU wealthy. There is also the stevenleser Nov 2012 #44

because they're idiots. it puts them in the top 2% of income. HiPointDem Nov 2012 #46

Timeout, that's $250K AGI wages TexasBushwhacker Nov 2012 #47

It's rich. Cobalt Violet Nov 2012 #51

I'll never feel sorry for anyone making $250,000 a year. Tax the hell out of 'em... Comrade_McKenzie Nov 2012 #54

Evidence of poor messaging by Obama... WhaTHellsgoingonhere Nov 2012 #56

Tax Capital Gains the same as wages DemocraTim Nov 2012 #57

Our household income is a little over that threshold Still Sensible Nov 2012 #58

People regularly make over 250k a year should be millionaires standingtall Nov 2012 #61

Under Obama's plan, a family making $250K would see no tax increase at all. subterranean Nov 2012 #62