This 100K is probably a combined family income too. So if you make over 50K them you would be considered wealthy.
“This 100K is probably a combined family income too. So if you make over 50K them you would be considered wealthy.”
Yes, this stands to be repeated.
If you make more than $50K, you and your double income family are now “wealthy” and “doing pretty well”. Good luck paying the ARM on your $500K hovel in CA.
I wonder how many folks will go into default after they get their revised ‘09 withholdings?