7 ms·
I think we should come up for a new term for working high income households, something like a "City class". They make between 250-699k. They have mostly what t
by tsunamifury 9y ago
I think we should come up for a new term for working high income households, something like a "City class".
They make between 250-699k. They have mostly what they need but work very hard and aren't the leisure or power class that is associated with the upper. They don't have or really identify with the same money problems as the true middle class but they certainly don't have enough to spend frivioisly. They give up some things compared to the middle class in low cost cities though like yards and larger homes. They also have to pay expenses that other single income lcol dwellers don't like nannies.
This seems to draw a real.line between the nonworking rich and the working well off.
- qntty 9y ago"Upper middle class"?
- ajmurmann 9y agoI think the real issue for it national debate is that the economy in different places has drifted apart so much. On one hand we have people in big cities making $300k+ and just living a normal life and we have parts of the South apparently being in a comparable living situation to the third world according to the UN. Yet we talk about it as if it's all the same. It's especially problematic for things like federal taxes.
- taneq 9y ago"Rich" vs. "wealthy"?