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To: rbg81
"I’d define the middle class from $75K to $400K, with the upper limit very location dependent."

Very astute! Location has everything to do with how far your money goes. Live in a liberal state - you need a lot more money to buy the same as you could buy in a low-tax, low-regulation state!

Why has Texas enjoyed a high influx of people and businesses fleeing high-taxed states?

The so called 'middle class' is a highly subjective term that means almost nothing. Most people assume that once they obtain permanent employment, and own a home, that they have become part of the middle class. Many that can pay rent comfortably, and have a good job also consider themselves part of the 'middle class.'

BUT - this idiotic administration is deliberately tearing down the middle class - desperately trying to create a second Soviet Empire - where there are only two classes, the slave class, and their slave masters.

18 posted on 09/14/2012 2:00:49 PM PDT by Ron C.
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To: Ron C.

I read somewhere that the median income in Manahattan is $280K/yr. Not that surprising if two professionals combine their incomes. That sounds like a lot, but RENTING a 1000 sq.ft. apartment can run $5000 per month easily in a choice neighborhood.


21 posted on 09/14/2012 2:18:55 PM PDT by boop (It's not personal...it's strictly business)
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