> Everyone likes to call themselves middle class, but that seems wrong other then to say you’re a small millionaire vs. someone with real power in the > 100mm n

> Everyone likes to call themselves middle class, but that seems wrong other then to say you’re a small millionaire vs. someone with real power in the > 100mm net worth category. The label does matter when we talk about the middle class being squeezed for example, and we know that’s not happening to tech execs or even software engineers in demand who start at 6 gigs, but to folks who work hard to break 6 figs in their career and see it as breaking into the upper middle class. Not to get too soap boxy, but that's exactly how the upperclasses have used divide and conquer to hold onto disproportional political power. It seems "wrong" to you, but imagine we went back to the tax rates set in the Revenue Act of 1942 with brackets adjusted for inflation: a family with a single tech exec or engineer making 6 or 7 figures a year can live well within their means and still have to drastically cut back on their quality of life under those tax rates. Someone with a hundred million dollars of productive assets probably wouldn't notice a change in QoL at all, unless they measure it by yacht-foot or jet-seat.