Median household income in the United States (2011) as per US Census Data: $50,054
Exactly.
What a moron.
Median household income in the United States (2011) as per US Census Data: $50,054
Romney must have been confusing middle America with 99% of the coli.
Cause we ballin hard out this bytch
I literally factored in the taxes though... at the HIGHEST rate without accountants saving you serious cash...
In my primative calculations, I didn't even calculate how much people really save on their taxes and I factored in someone living in a lavish 4 bedroom townhouse or loft with 2 kids, leasing a 2-3k a month car (Bentley?)
1500 a month on groceries ( what are they eating?)
So this calculation, with the highest possible tax rate, 2012 Bentley, and apparently caviar and silk dreams for Dinner, leaves 7.5k disposable income on 20k a month.
In a more reasonable calculation, the frugal spenders would actually have closer to 11-12 thousand dollars every month in totally disposable income.
200k in Manhattan is middle income.
a family making 200k would get denied off income for an apt renting for $5,001 a month.
To put it into perspective, the average 2 bed / 2 bath in a respectable neighborhood in a respectable building (in Manhattan, and some parts of Brooklyn) is around $4,000. 3 bedroom is (at least) $4500+.
Even in the ratty roach walkups in the east village you are forking over about $4100 for a 3bedroom that you can barely fit a queen size bed in...
and these apts move like iphones on release day.
I don't see why anybody would even want to live in someplace as retardedly expensive as New York.
Why be middle class there when you could have a mansion somewhere else?
It doesn't work that way
If you can get a job paying anywhere near 200k, you'll be very well-off in most places in the country outside of NY and LA. Even if you had to take somewhat of a paycut to move, you'd still be better off than you would be paying NY's ridiculous housing prices.
He's a billionaire. It makes sense that his view of money is a little skewed.
It's four times the national average... Let's say the family in question lives in a mansion, ok? Let's say they live in a house that costs 5k a month total with bills and the mortgage?
That would mean that they would have around 13k a month left... lets be GENEROUS to your argument and send off 3k for a car lease and groceries...
lets SAY that they even paid the Clinton Rates... with the family deductions that leaves about 7.5k a month of disposable income...
Nearly 2k a week.
(How generous am I being right now that a family would really live this lavishly, but for Trip's sake, lets do it)
...
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you could live pretty good out in los angeles making 200k annually as long as you're not trying to live in beverly hills or some bomb ass beach house.