[quote=AN]
Exactly, $250k a year will get you a solid middle class lifestyle but according to some, $250k is the top 3%, the wealthy and should be taxed more. So, which is it, $250k = middle class or $250k is the wealthy? You can’t be called the wealthy if all you can afford is a middle class lifestyle, can you?[/quote]
This really shouldnt be such a hard concept. $250K a year IS the top 3%. It will also provide a much greater than middle class lifestyle in the vast majority of this country. Guess what, a nice house with new cars, and gym memberships, $100 dinners out, season tickets to baseball or football games, and nice vacations IS a wealthy lifestyle. There are a few spots in this country where income below the upper middle class can’t afford to live. That doesn’t make residents there middle class. It makes them wealthy.
If you live in San Diego, and make $250K a year and aren’t saving a shit load of money, you ARE living a wealthy lifestyle.