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To: Weirdad
Many richer people pay more for sure on the proposed plan, including many who now ought to be considered middle class

The old definition of middle class was anyone well above starvation, but also also someone without inherited wealth, e.g. a lawyer or a doctor, mainly because we had no idea who made what. Today, we have stats courtesy of the income tax, exactly what middle class means. The broadest definition is probably the 50% of households on either side of the household median income. Upper middle class would be the top end of that 50%, and lower middle class would be the low end of that 50%. Based on census numbers, the following are the household incomes corresponding to various percentiles listed at 10% intervals:

Household Income Percentile Minimum Income to Reach, 2015
10% $13,234.00
20% $22,680.00
30% $32,068.00
40% $43,309.00
50% $56,025.00
60% $72,000.00
70% $90,564.00
80% $116,890.00
90% $161,915.00

98 posted on 11/04/2017 10:47:51 PM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Zhang Fei
Those figures are nonsense!

What is middle class in one place is poverty level in another and upper middle class is most assuredly MUCH higher than those figures!

102 posted on 11/04/2017 10:59:21 PM PDT by nopardons
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