Originally posted by MegaTherion
reply to post by mopusvindictus
oh good lord, a three bedroom ranch home! the horror!
what Plight you are describing!
$100,000 a year is NOT lower middle class.
$50,000 year is closer to the mark.
and also: Capitol Gain Tax has nothing to do with INCOME TAX.
it's a tax on investments, not income.
Point taken and agreed with on the capital gains tax vs income tax
But I would disagree whole heartedly with 100,000 not being lower middle class... the poverty line has not changed in what 20-30 years? More? Not
sure exactly...
But we use numbers that don't account for inflation and it tricks the poor
50,000 a year is... close to poverty for an industrialized nation... There is almost no room to save or invest.
MY figures were meant as examples... at a glance the reality is obvious to me... Obama is just another Democrat who wishes poor people to think small
figure money = having money
a family on 50 G will have a rough time sending kids to school, owning a decent safe vehicle and maintaining a proper standard of living
Genuine breakaway is over 100 G in 2008... this isn't 1968
I would say at least 150,000
and pleeeeeeasssse, that number does not make me rich... I have the start of a life, nothing more
The food you eat affects your LIFE, the home you live in affects your life
Obama would save the poor a few hundred bucks and paint them into a cornor of poverty they can NEVER rise from
Republicans Know...you need a Few Million to retire, they Know the reality that 50 G stincks...perhaps you earn enough that you have forgotten this
I belive in Americans being rich... I don't want my people offered petty miniscule tax offers to give them false hopes it will change thier
circumstances
you've gotten by too long without paying social security tax on all your income.
I have to pay social security tax on ALL my income.
and I'll bet you draw Social Security when the time comes, just like your little friend McCain does.
maybe you'll have to tighten your belt a little for the good of the country, maybe plant a victory garden or collect aluminum or something just to
make ends meet, what with that enormous horrible tax keeping you rspending money so low.
oh, I'll bet you never knew that most people never have spending money, not since Bush took over.
I am sorry to insult you, but your post made my belly hurt with laughter.
you'll have to suck it up, pal
Laughter? why because somewhere you have forgotten what the rise from 50G to 150G is actually like... how hard it really is?
The guys an Idiot and his numbers are WAY too LOW
If he wants to tax the rich Pleeeeeease by all means do... But do it over a few Million a year, to the mega Rich who wont miss it
Obamas numbers hit the middle class
and you and him are utterly wrong
Middle class is 100G - 150 G Upper Middle Class is... 250-500G a year
The problem is we have ACCEPTED poverty and never raised the numbers
I'd say I'm Low end... Middle class right at this moment
You want to know my costs? Avg
Child support 1000.00 p month 12 G per year
Apt in the city for Business 1000 p month 12 G per year
Sm house near my children 1000 p month 12 G per year
Food and utilities 600 p month 7.2 G per year
Car and Gas 500 p month car + gas 8,000 per year
Before I have a thing for myself... 51.2 G
To eat, see my children, pay my expenses for a very ordinary middle class divorced guys life...
the factor in having to date, go out, actually entertain those kids or have ANY luxuries let alone a vacation
After taxes I have to make at least 100 G...to maintain nothing more than a Middle class existence... nothing particularly fancy
so how is 50G Middle Class today?
The guy gives FALSE promises to the poor
I'll get it done with or with out Obama in office because I can... and know what to expect from this dunce...
But his plans leave a normal midle class guy like myself... at risk from not being able to jump to upper middle class...
maybe not having a second car or, actually purchasing a home (i rent both right now) for my kids
A 3 bdrm ranch house?
It's crap... any Man could build better with his hands in a year and a home of that nature is... 250,000 -500,000 in most of america...
and it will be crap, one level, constant noise if you have kids little privacy and made of crap materials...
Tell people who lived in Katrinas wake or Gaveston what a 250 G 3 bdrm Ranch 1 level house is worth in a crisis? What the walls are made of how easy
a gunshot goes through into your kids room...
It's crap 750,000 or higher gets you a real house... and middle class does NOT mean paying for it for 30 YEARS or almost the entirety of your Adult
life to have it
A person should...any person be able to pay off a house like that in 5 years so they can upscale, because your talking about garbage that is not
conducive to healthy home life and a normal house in no more than 10 that would be True Middle class...
To pay a 750,000 house... a house fit for a family in 10 years and to be able to spend time with your kids and spouse after that, work a little
less hard you would need:
A Payment of around... 7.0 - 7.5 G a month
And a real House..2 stories and a basement paid in 10-15 20 years max... was MIDDLE CLASS IN the 50's
So Middle class today...closer to 150 G a year smart guy
and Obama goes out and appeals to people in ghettos that he will get them out of 2 bdrm apts lol.. with 3 kids and do this by doing what? Raising
minum wage .50 or by saving them 1,000 bucks
It's all utterly out of reality from the FACT
That half of Americans live in desperate poverty as a 1st world nation goes...
I am Not rich... think I'll get there but I'm not stupid either... I KNOW a 6 figure income is nothing more than middle class today and given taxes
as Obama proposes them... He is cutting the poor off from making the leap...
handing people minor relief that will last them 1-2 weeks of a year and never get saved or used to make more money because it is simply not enough.
worse he jepordizes the future of all there is of middle class America Black, White or Yellow... by threatening to Label us as rich and it appeals to
the desperately poor who's standards have been sunk so low by politicians and media, but they should now where they stand and how much money they
really need and DESERVE
Democrats are more full of bull than anyone... running around with Millions and who will suffer at his proposed levels?
The small remaining middle class... not yet Rich, not poor either
and that is exactly what the ELITE want
There actually ARE alot of us bridgeing the gap and Obama would ride into office on a scheme that hands the poor money but makes the divide between
Rich and poor that much harder to overcome
Your boss makes 5 Mil... good for Him/her
50% vs 40% wont make a damn bet of difference... let him change his numbers to reflect MILLIONS not 100's of thousands...
Let it actually tax people from a place where the 10% makes no difference
and if he believes that the area for that is 250 G a year
He has lost his mind...
Over 2 MIL Obama, nothing lower
alot of people out there worked 20 years like myself breaking 6 figures and 10 G one way or another can rock the boat... and WE are the ones who make
new small business and employ people and innovate the most
and the Middle class has always taken the real hit
The ultra wealthy ...please tax it all... If I make 2 Mil a year and bring home 1 that's fine for GROWTH... it's excess money
making 200 and being brought down to 100 is ruination... nothing left for any growth... 100 - 50 would be Death...back to poverty
You and your Pal Obama need to get a grip on where the line between rich and middle class really is
and stop dumbing down the Poor to believe that because they make 20 G that 50 G is middle class lol
You cant buy a midrange suv from your whole YEARS pay for 50 G
what kind of numbers is this guy playing with and how can any Black man actually walk into a poverty stricken area and tell people with a straight
face that 700.00 in freed up tax money for the year will impact thier lives...
CHANGE THE NUMBERS to reflect Inflation and stop BSing Americans and particularly American children and making them set thier sites so damn low
50 G is middle class?
50 G is where I stoped ever having to eat Top Ramen Noodles from time to time and where My electrictity wasn't shut off any more
50 G is... Lower middle class at best...just above poor
A person making 100 and coming home with that DOES NOT, have extra money to invest
and that's what these pricks like...
This man will assure it is that much harder to ever buy your way from Slavery and using the Black vote to do it is a CRIME
Keep your insane figures of what middle class is with Obama and the rest of the Democrats who have been lying to decent people and haven't account
for inflation in the standard of poverty or middle class in almost 2 full generations... a Constant utter lie that has people living in 1968 income
brackets in the year 2008 and taking corporate and city crap jobs and buying crap dangerous houses because they are ignorant to where the real poverty
and middle class lines are really drawn in THIS CENTURY
[edit on 18-9-2008 by mopusvindictus]