I wonder what you expect out of life where that much money isn’t rich to you?
Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.
Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.
I would love to see how this add up to 200k or 250k.
Rent (or mortgage) 3000*12 = 36,000
Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.
