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Is $250,000.00 per year Rich??

Jackie G - Poker Playing Patriot 2012/07/09 20:09:43
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  • Gracie - Proud Conservative 2012/07/10 23:56:43
    Gracie - Proud Conservative
    +1
    It depends greatly on where you live and your circumstances. You have to make that much to live in New York or California, you can live very well on it in Florida.
  • ☆The Rock☆ * AFCL* The Sheriff!!
    +1
    Not even close..I would say about middle middle class and probably those who make 500,000 to under a million would be classified as the upper middle class..Hey a million dollars is not like it was a 100 years ago!
  • Kyle 2012/07/10 22:58:45
  • wolf sloan 2012/07/10 15:31:51
    wolf sloan
    +1
    I'd be willing to accept it.
  • Jayne 2012/07/10 11:58:36
    Jayne
    +1
    It's a heck of a of a lot more than I make. I would say that that an income of 250K per year is rich.
  • TheCouchF*cker 2012/07/10 06:13:56
  • Ken 2012/07/10 04:10:44
  • cuzzbuzzla 2012/07/10 03:35:06
    cuzzbuzzla
    +1
    ain't too shabby.
  • Pug For Huck 2012/07/10 00:44:41
    Pug For Huck
    +1
    Hell no. That's just comfortable in this liberal-spend-everybody-elses... climate.
  • flyingseaturtle BN 2012/07/09 23:00:37
    flyingseaturtle BN
    +1
    It just depends on what you compare it to ;-)
  • M A 2012/07/09 22:45:21
  • Lady Whitewolf 2012/07/09 22:45:16
  • true american 2012/07/09 22:42:11
  • Raymond Allamby 2012/07/09 22:06:17
    Raymond Allamby
    +3
    i could live like a king on that salary.
  • Jackie ... Raymond... 2012/07/10 03:03:29
    Jackie G - Poker Playing Patriot
    +2
    Actually you could not - reality is you could have a medium sized home or small - a couple of kids, two cars and both parents working. In the deep south or small town in midwest, you would be comfortable; in a large city not so much
  • Raymond... Jackie ... 2012/07/10 14:13:27 (edited)
    Raymond Allamby
    let's try an experiment. you pay me 250,000.00 a yeah, and i'll try living like a king on it. then we'll see who's right.
  • Jackie ... Raymond... 2012/07/10 14:15:12
    Jackie G - Poker Playing Patriot
    Cute! Simple arithmetic should make it clear to you but, hey, cling to that idea.
  • Raymond... Jackie ... 2012/07/10 15:18:22
    Raymond Allamby
    you totally missed the fact that my statement was hyperbole, just a colorful way to illustrate that based on how i live at my current salary, i could live exceptionally well at 250,000.00. but go ahead, keep making needless corrections.
  • Jackie ... Raymond... 2012/07/10 16:39:33
    Jackie G - Poker Playing Patriot
    +1
    My poll, and I will do as I please -- have a nice day
  • L1 2012/07/09 21:39:23
    L1
    +2
    I consider it rich, but it's relative. If the person lives within their means, sure it can be. If comparing to mega earners like some CEOs and/or celebrities, it's nothing.
  • Rebel Yell 2012/07/09 21:09:14
    Rebel Yell
    +2
    If you are part of a crew at a sanitation dept., that kind of money is beyond comprehension. If you own a fancy Olympic prancing horse, that is horse feed.

    It's all relative.
  • Jarod Kochman 2012/07/09 20:59:58
  • gumybare69 2012/07/09 20:53:57
    gumybare69
    +2
    For an individual, yes.
  • Willski 2012/07/09 20:47:15
  • mjkowal 2012/07/09 20:40:16
    mjkowal
    +2
    For an individual? Absolutely!
  • Magnus ☮ RP ☮ 2012 ☮ 2012/07/09 20:39:32 (edited)
    Magnus ☮ RP ☮ 2012 ☮
    +1
    Haven't you ever watched Austin Powers? A million dollars is considered nothing these days (worth even less in this decade for certain). And, $250,000 of today's money to somebody like say, George Soros (and all of the SOCIALIST -inc. all pseudonyms- goons of the G20 for that matter) is like losing two and a half pennies in the laundry! Fact.

    I think a better question would be:

    Why does it take $27 one-dollar notes of today to equate to a single $1 of 99 years ago?

    There's our problem right there.

    END THE FED!
  • Roger47 2012/07/09 20:33:26
    Roger47
    +1
    Absolutely. Anyone who makes that much can live a very very comfortable lifestyle. And don't forget, with regards to letting the tax cut expire, we are talking about TAXABLE income, not gross.
  • Jackie ... Roger47 2012/07/10 03:01:37
    Jackie G - Poker Playing Patriot
    +2
    In some parts of the country that would be true; in others it is not even close to comfortable - it is a small home, couple of kids and a couple of cars with both parents working
  • Roger47 Jackie ... 2012/07/11 00:40:23
    Roger47
    A home, a couple kids, two cars, is comfortable. People can always rent where homes are really expensive. When you consider how many families try to pay the bills each month on $30,000 or less, no one should complain that they only bring home $250,000.
  • Sister Jean 2012/07/09 20:23:36
    Sister Jean
    +2
    yes, I live on a $1,000 a month
  • Morningstar 2012/07/09 20:23:00
    Morningstar
    +1
    it's not filthy rich but it's a good salary
  • ☆ElenaDiamond☆ 2012/07/09 20:22:15
    ☆ElenaDiamond☆
    +4
    No. But it is comfortable certainly.
  • ♒ßεllεchεvεllε®♒ 2012/07/09 20:18:41
    ♒ßεllεchεvεllε®♒
    +2
    it is to me.... but i know people who make more than that.
  • littlebuffalo55TBA 2012/07/09 20:18:03
    littlebuffalo55TBA
    +3
    It's not that simple! As said below many small businesses are taxed as individuals! That individual must also pay sales tax, payroll tax......etc.!
  • Stacie 2012/07/09 20:15:55
    Stacie
    +1
    It is to me.
  • Barefoot Peace and Love∞ijm... 2012/07/09 20:14:41
    Barefoot Peace and Love∞ijm♥☮♥∞
    +2
    pretty dern comfortable....;)
  • Jack's Pearl 2012/07/09 20:11:15
    Jack's Pearl
    +1
    It's comfortable but I don't know I'd consider it rich. You are only as rich as what you own outright. There are millionaires who owe more then what they have. They live beyond their means. The gas attendant with no debt could be richer in actuality.
  • WF - Rumpelstiltskin -PWCM~JLA 2012/07/09 20:10:57
  • Aurora 2012/07/09 20:10:30
    Aurora
    +2
    No, most small business make 250,000.00 a year or more and they are taxed on Individual rates.
  • Roger47 Aurora 2012/07/09 20:42:39
    Roger47
    Aurora, No. We are not talking sales. We are talking taxable income, after all expenses and tax deductions are subtracted. And for businesses that are big enough that the owner did incorporate, the average annual sales of $1.5 million results in an average earnings of $100,000.
    http://smallbiztrends.com/201...

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