Middle class tax breaks on the line

Middle class tax breaks on the line

There are 224 comments on the KIDK CBS 3 story from Jan 10, 2013, titled Middle class tax breaks on the line. In it, KIDK CBS 3 reports that:

President Obama wants to tie spending cuts to tax revenue hikes in the debt ceiling talks, but that could mean trouble for the middle class taxpayers he has pledged to protect.

Join the discussion below, or Read more at KIDK CBS 3.

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“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#1 Jan 10, 2013
$100,000 is NOT middle class. People making $100,000 are in the top 15% of all wager earners.

The median income for a family is $53,000; for singles it's $28,000.

$100,000 is NOT middle class.

25% of families make less than $25,000
25% of families make more than $75,000

So by definition- "middle class" is a 2 income family making $25k-$75k.

Just keep that in mind when the GOPasaurs attempt to claim people making $250,000 are "middle class"....
Far Away

Anchorage, AK

#2 Jan 10, 2013
WeTheSheeple wrote:
$100,000 is NOT middle class. People making $100,000 are in the top 15% of all wager earners.
The median income for a family is $53,000; for singles it's $28,000.
$100,000 is NOT middle class.
25% of families make less than $25,000
25% of families make more than $75,000
So by definition- "middle class" is a 2 income family making $25k-$75k.
Just keep that in mind when the GOPasaurs attempt to claim people making $250,000 are "middle class"....
Where I live, I can assure you $100,000.00 is squarely middle class. One size does not fit all. Ask anyone living in New York City making $100K if it's middle class.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#3 Jan 10, 2013
Far Away wrote:
<quoted text>
Where I live, I can assure you $100,000.00 is squarely middle class. One size does not fit all. Ask anyone living in New York City making $100K if it's middle class.
It doesn't matter where you live,$25k-$75k is the middle of the income distribution in America.

If you think it's hard to live in NYC making $100k, imagine how the 85% of the population who make LESS than that feel about living there.

If you can't live where you are on what you make, then you need to move, but don't pretend even for a minute that $100k is middle class.
Far Away

Anchorage, AK

#4 Jan 10, 2013
WeTheSheeple wrote:
<quoted text>
It doesn't matter where you live,$25k-$75k is the middle of the income distribution in America.
If you think it's hard to live in NYC making $100k, imagine how the 85% of the population who make LESS than that feel about living there.
If you can't live where you are on what you make, then you need to move, but don't pretend even for a minute that $100k is middle class.
Income is relative, and there is no magic number to determine middle-class. It's asinine to think otherwise. I could live as comfortably on $25K in southeast Missouri as I do where I make just broke $100k for the first time in my life.

Try living in a place where everything costs more, food is more costly, heating your home with fuel that's $4.40/gal in a region of the planet with 9-month-long heating seasons at a total cost of nearly $7K per year, where gasoline is now over $4/gal, electricity rates are $.29/kwH plus a fuel surcharge equal to more than your use bill itself, then tell me it's not a middle-class income. I could go on, but you won't have the intellectual horsepower to understand.
Far Away

Anchorage, AK

#5 Jan 10, 2013
WeTheSheeple wrote:
<quoted text>
blah... blah... blah...

If you can't live where you are on what you make, then you need to move, but don't pretend even for a minute that $100k is middle class.
Maybe you should tell those that are trying to live on $25K in a place where it is practically impossible to live on that to move, but you wouldn't dare. Besides, they'd have to give up the welfare benefits if they lived where they could actually pay their own way.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#6 Jan 10, 2013
Far Away wrote:
<quoted text>
Income is relative, and there is no magic number to determine middle-class. It's asinine to think otherwise. I could live as comfortably on $25K in southeast Missouri as I do where I make just broke $100k for the first time in my life.
Try living in a place where everything costs more, food is more costly, heating your home with fuel that's $4.40/gal in a region of the planet with 9-month-long heating seasons at a total cost of nearly $7K per year, where gasoline is now over $4/gal, electricity rates are $.29/kwH plus a fuel surcharge equal to more than your use bill itself, then tell me it's not a middle-class income. I could go on, but you won't have the intellectual horsepower to understand.
Now try living IN THE SAME CITY on $75k or less, like 75% of the people who live there already do.

The point is while you bitch that $100k isn't enough, 3 out of your 4 neighbors are living on less than $75k in the SAME CITY.

Middle income is the middle of the income distribution, and that's $25k-$75k for a two income household.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#7 Jan 10, 2013
Far Away wrote:
<quoted text>
Maybe you should tell those that are trying to live on $25K in a place where it is practically impossible to live on that to move, but you wouldn't dare. Besides, they'd have to give up the welfare benefits if they lived where they could actually pay their own way.
Of course they should move to somewhere less expensive if they're bitcing about not making enough money to be able to afford to live there. But that has nothing to do with whether or not they are middle class or not.

The middle class are those in the middle of the income distribution in America, and that's $25k-$75k for a two income household.
Far Away

Anchorage, AK

#8 Jan 10, 2013
WeTheSheeple wrote:
<quoted text>
Now try living IN THE SAME CITY on $75k or less, like 75% of the people who live there already do.
The point is while you bitch that $100k isn't enough, 3 out of your 4 neighbors are living on less than $75k in the SAME CITY.
Middle income is the middle of the income distribution, and that's $25k-$75k for a two income household.
In your own words, don't live where you can't afford to live, and I didn't say $100K "isn't enough". It's enough, depending on where you live.

... and I told you that you wouldn't have the intellectual horsepower to grasp the relativity of income to cost of living. Thanks for proving me to be correct.
McGruff

Campbellsville, KY

#9 Jan 10, 2013
WeTheSheeple wrote:
<quoted text>Now try living IN THE SAME CITY on $75k or less, like 75% of the people who live there already do.

The point is while you bitch that $100k isn't enough, 3 out of your 4 neighbors are living on less than $75k in the SAME CITY.

Middle income is the middle of the income distribution, and that's $25k-$75k for a two income household.
tell us what the average wage is in NY
McGruff

Campbellsville, KY

#10 Jan 10, 2013
WeTheSheeple wrote:
$100,000 is NOT middle class. People making $100,000 are in the top 15% of all wager earners.

The median income for a family is $53,000; for singles it's $28,000.

$100,000 is NOT middle class.

25% of families make less than $25,000
25% of families make more than $75,000

So by definition- "middle class" is a 2 income family making $25k-$75k.

Just keep that in mind when the GOPasaurs attempt to claim people making $250,000 are "middle class"....
it says here that you would have to make $123k a year to have the same standard of living as someone making $50k in Houston.
McGruff

Campbellsville, KY

#11 Jan 10, 2013
WeTheSheeple wrote:
$100,000 is NOT middle class. People making $100,000 are in the top 15% of all wager earners.

The median income for a family is $53,000; for singles it's $28,000.

$100,000 is NOT middle class.

25% of families make less than $25,000
25% of families make more than $75,000

So by definition- "middle class" is a 2 income family making $25k-$75k.

Just keep that in mind when the GOPasaurs attempt to claim people making $250,000 are "middle class"....
forgot link

http://www.nydailynews.com/news/money/n-y-cos...

“Registered Conservative”

Since: Jul 11

Draketown, GA

#12 Jan 10, 2013

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#13 Jan 10, 2013
Far Away wrote:
<quoted text>
In your own words, don't live where you can't afford to live, and I didn't say $100K "isn't enough". It's enough, depending on where you live.
... and I told you that you wouldn't have the intellectual horsepower to grasp the relativity of income to cost of living. Thanks for proving me to be correct.
Of course income & cost of living are related. I never said they weren't.

The only thing I said was by definition the middle class are those making the middle of the income distribution, which in America is $25k-$75k.

OBVIOUSLY it's going to be a lot harder to live in NYC when you make a middle class income than if you make $100k or $500k.

That STILL doesn't make $100k middle class.

What you're confusing is the economic middle class with the mythical "middle class lifestyle". No one wants to admit they're rich, because they'd look like a dick for complaining how hard it is to get by on just $100k/yr.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#14 Jan 10, 2013
McGruff wrote:
<quoted text>
it says here that you would have to make $123k a year to have the same standard of living as someone making $50k in Houston.
Well duh! That's because it's more expensive in NYC than Houston.

That STILL doesn't change the simple fact that the middle class is $25K-$75K for a two income household. All it means is someone who is in the middle class will have a much harder time living in NYC than they would in Houston.

To review once again-

The top 25% make OVER $75k
The bottom 25% make UNDER $25k
The middle 50%(i.e. the MIDDLE CLASS) make $25k-$75k.

That's why they're called the middle class; they are in the middle of the income distribution in America.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#15 Jan 10, 2013
McGruff wrote:
<quoted text>
tell us what the average wage is in NY
According to the US census, the average income in NYC is just over $48k; slightly less than the median income of $50k for the entire US, and less than the $53k for the entire state of NY.

$48k.

Remember that the next time you hear someone bitching about how hard it is to live in NYC on "only" $100k or $250k......
Far Away

Anchorage, AK

#16 Jan 10, 2013
WeTheSheeple wrote:
<quoted text>
Of course income & cost of living are related. I never said they weren't.
The only thing I said was by definition the middle class are those making the middle of the income distribution, which in America is $25k-$75k.
OBVIOUSLY it's going to be a lot harder to live in NYC when you make a middle class income than if you make $100k or $500k.
That STILL doesn't make $100k middle class.
What you're confusing is the economic middle class with the mythical "middle class lifestyle". No one wants to admit they're rich, because they'd look like a dick for complaining how hard it is to get by on just $100k/yr.
You are really, really dense. You're making my case for me, but twisting it to suit your illogical conclusion of what middle class income means. For example, eight years ago, I was making $30K/yr up here. I assure you that it was nowhere close to middle class. Middle class income varies based on cost of living. I supported a family of four on it, though, without help from taxpayers.

For--hopefully--the last time, middle class income varies from place to place, and you can't arbitrarily say it is 'this' or 'that' magic income range.
Far Away

Anchorage, AK

#17 Jan 10, 2013
WeTheSheeple wrote:
<quoted text>
blah... blah... blah...

The middle 50%(i.e. the MIDDLE CLASS) make $25k-$75k.
That's why they're called the middle class; they are in the middle of the income distribution in America.
No, it isn't! Middle income doesn't equal middle class, necessarily.

“Registered Conservative”

Since: Jul 11

Draketown, GA

#18 Jan 10, 2013
Whatever you believe the income level that defines the middle class happens to be, by the time Obama is done, the middle class will be most hurt.

“Registered Conservative”

Since: Jul 11

Draketown, GA

#19 Jan 10, 2013
WeTheSheeple wrote:
<quoted text>
Well duh! That's because it's more expensive in NYC than Houston.
That STILL doesn't change the simple fact that the middle class is $25K-$75K for a two income household. All it means is someone who is in the middle class will have a much harder time living in NYC than they would in Houston.
To review once again-
The top 25% make OVER $75k
The bottom 25% make UNDER $25k
The middle 50%(i.e. the MIDDLE CLASS) make $25k-$75k.
That's why they're called the middle class; they are in the middle of the income distribution in America.
per wage earner.
Far Away

Anchorage, AK

#20 Jan 10, 2013
General Robert E Lee wrote:
Whatever you believe the income level that defines the middle class happens to be, by the time Obama is done, the middle class will be most hurt.
My whole point to sheeple is that middle class isn't about income alone, it's about a living standard, but I agree with you that middle class folks will suffer most under Ă˜bama's administration.

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