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Response to NNN0LHI (Original post)

Mon Dec 26, 2011, 12:25 PM

32. for perhaps the hundreth time, $150,000 a year is NOT middle class

90% or more of HOUSEHOLDS make less than $150,000 a year. If you make more than 90% of the rest of the country, then you are not in the MIDDLE. You are at the top.

As for being an enemy. Well, is that $150,000 worker gonna support the Bush tax cuts, or oppose them? Is that $150,000 worker gonna support cuts to SNAP and LIHEAP, or oppose them? How about raising the FICA cap - support or oppose? Are they gonna be on my side between these three plans

Plan A - making work pay credit, $500 per worker, phasing out for incomes over $75,000
Plan B - payroll tax holiday on the first $10,000 in income
Plan C - payroll tax cut of 2%

That last plan gives $240 to me and $2,120 to them. The second plan gives $620 to both of us and the first plan gives $500 to me and nothing to them.

That person makes $150,000 to my $12,000. Do you really think they care about raising me up? Or are they just living it up, living in a nicer house, buying nicer car(s), nicer clothes, bigger TVs, more Xbox games, eating out more, etc. They are gonna live on the nice side of town, far, far away from white trash like me. They won't know me or any of my friends, they won't look at any of my friends and they certainly wouldn't condescend to speak to any of my friends.

As for overtime. Is ANYBODY really working that much overtime? 12 hour days, seven days a week? That's crazy. I certainly would not envy such a person. There is no way in hell I would want to do that. Maybe for two years so I could save up enough money to quit, but that would be a brutal two years.

But speaking of my enemy, does the person working all that overtime want the company to do more hiring so he/she could have some time off, or do they want that overtime for themself?

As for spending all of that booty, well I just got promoted, so I no longer make $12,000 a year. Now I make $30,000. I can assure you I am not gonna spend all of that extra money. I will save much of it. I will make maximum IRA contributions in order to reduce my taxes, and also to prepare for retirement, which cannot come soon enough. I would hope that a $150,000 worker would have a big pile of money that is sitting in the bank. It would be foolish for them not to.

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NNN0LHI Dec 2011 OP
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LineReply for perhaps the hundreth time, $150,000 a year is NOT middle class
hfojvt Dec 2011 #32
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