Clinton's Middle Class is really Rich People...

[catnhatnh]

What she says is she will not raise taxes on people making less than 250K because they are middle class. You can check it but 250K puts you in the 99% of income earners and even 200K is a 98% income.

I feel bad because people I like who make that kind of money tell us how in certain areas-LA or San Diego or even places like Westport Connecticut 250K is Middle Class.

It ain't. The fact you make a number that looks like a Klondike strike to a normal person in most of America and still times are hard don't mean shit. 50K is both normal and a place I had to work hard to get to. And now I must live on the 14K which is my SS life.

I can live in a quiet place on cash she would find a joke-that is OK. The only twist is this-she says that both I and people who get 250K have the same interests.

If you make that 250K a year though, you better get this-what you make for a year she and Bill make per speech

[eridani]

1. Still, I think of "rich" as allowing you to buy regulators

I'd use the term "affluent" to describe the top 5%--way better off than most, but not having enough money for real control of government.

[BainsBane]

2. That is the same criteria that Obama used

That's about the upper 3 percent, but then 150k a year is the upper 10 percent and $100k the upper 20 percent. Sanders supporters on average earn more than Clinton supporters, who according to polls tend to be poorer, women, and people of color.

[Divernan]

5. I strongly suggest Head and Shoulders!

[angrychair]

3. 250k is super affluent

When, according to the SSA report that came out a couple of weeks ago, 51% of income earners in the United States make less then $30,000 a year. That 53% of the total value of all wages earned in America is owned by just .08% of wage earners in America.
For the record, $250,000 a year is very much more than middle class but that is impossible for someone with hundreds of millions of dollars in the bank to understand.

[Art_from_Ark]

4. In my home state, $250,000 puts you in the top 1%

It's a state that Hillary called home for 17 years.

[NotHardly]

6. Here, rather than ranting and raving maybe a bit of information would be helpful

It is useful to remember that income is a "range" ... not a set point, therefore, it encompasses a range (like 1 to 10 being a range of numbers in 100 numbers...so, before ranting, do a bit of research ... otherwise, we will end up sounding like Rush Limbaugh on a bad day when we do not understand about that which we speak.
_____________

Look/read the following ... http://finance.townhall.com/columnists/politicalcalculations/2013/09/29/what-is-your-us-income-percentile-ranking-n1712430/page/full What Is Your U.S. Income Percentile Ranking?

And maybe this... http://www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx
"The Middle Classes
Next come the middle classes, which make up the vast majority of the American population, and at the top of the middle class is the upper middle class, also known as the top of the class. Members of this class tend to be well educated, hold post-secondary degrees and have high-paying, white-collar positions. This class is male-dominated, and has an income of $100,000 or more annually. That's enough to stay at the top one-third of U.S. incomes.

In the middle of the middle classes is the lower middle class. This class usually has households with people who have a college education, but these people don't have the degrees necessary to advance into higher-earning positions. This class contains lower-level, white-collar workers who generally earn between $32,500 and $60,000.

The lower middle class can be split into two different categories: the satisfied middle and the struggling middle. The satisfied middle can still find satisfaction and positivity in their lives, despite their modest incomes, and include a disproportionate amount of young and old, but no middle-aged adults. The struggling middle, however, contains households that actually earn "a lower median family income than Americans who put themselves on the lowest rungs of the social ladder," and have a disproportionate amount of women and minorities, enabling them to have a lot in common with the lower class.

or finally ... this... The Distribution of Household Income and the Middle Class
https://fas.org/sgp/crs/.../RS20811.pdf
Federation of American Scientists
In 2012, the top 5% of U.S. households with income accounted for 22.3% of total ... class, the middle class may refer to households with income levels in 2012 ...

[napi21]

7. Rich depends a lot on where you live. If you live in San Francisco, New York, etc. $250 barely

covers the rent, and don't even think about trying to buy a house/condo. If you live in SC, AL, MS, LA, etc. it's a fortune!

I'd rather see them change the tax laws so those co's that pay ZERO in taxes can't get away with that anymore. Stop the giveaways (subsidies) to oil companies, Bog Pharma, factory farms, and the like. Stop taxing dividend income lower than earned income. Just those things would dramatically increase federal revenue and MAYBE we could do some of those things all the Dem candidates are talking about.

[Luminous Animal]

15. Why do people pass on such nonsense. The median household income in SF is $75,910

One third of $250,000.

[Paka]

8. I'm dirt poor under all the standards.

Try retirement on under 10k a year. That's why I have to live outside my country. People like Hillary have no real concept of what life actually is for the rest of us.

[w0nderer]

9. :-(

can you find any help in the poverty or working poor groups?

i dunno, take a look around, if you feel you get something or if you want to contribute
i'm sure you have tricks for people to live on less as well, every does

i agree that hillary has no realistic feel for 'poor'

either way, if you celebrate, happy Tgiving
if not, take it as a well wish of happiness

[Paka]

11. Thanks for the Tgiving wish.

I won't get turkey this year, but I will fix a special meal. I do way better than most who live below the official poverty level. I save enough money out of my measly ss to take at least one nice trip every year. That, and great medical and dental care at low cost are big reasons why I live where I do. I'm quite good at making very little stretch a long ways. One mistake I never made was going into debt. That one will kill you.

[w0nderer]

10. comment to keep eye on thread and kick and recommend n/t

[Juicy_Bellows]

12. I see you got some of the ' Well if you live in Manhattan penthouse' comments

Hell, on 250k GOOD LUCK finding beach front property in San Diego!


These people are fucking loons.

Gasp, there are people making vastly smaller sums of money living in Manhattan and San Diego and San Francisco - how....HOW do they do it!?!

[raouldukelives]

13. I find it makes her proposals make more sense.

When she talks about helping the middle class, I now know exactly who she means.

[PowerToThePeople]

14. Anything over 100k is at least wealthy.

[UglyGreed]

16. Kick

& R