General Discussion

AnnieBW

(12,751 posts)

12. My husband and I make about $200K combined

Tue Jan 1, 2013, 12:05 AM

Jan 2013

We're not rich by any means, because $200K in the DC Metro area is about average. If we lived pretty much anywhere else, we'd have a huge house with a lot of land. Here, we have an average house (2200 sq. ft.) in the 'burbs, in a quiet, mixed ethnicity neighborhood.

I'd be happy to pay more taxes if it would help others. I'm a Fed, and my husband is a contractor, so we were both worried about the Fiscal Cliff and being furloughed, etc. I'm glad that they have a deal. It's not the best we could have, but at least it's something.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

47 replies

= new reply since forum marked as read

Highlight:

I'm not crazy about the $400,000 limit, but I can live with it. Here's why. [View all] Barack_America Dec 2012 OP

and it's not like they are not paying taxes now, this just means no increase ZRT2209 Dec 2012 #1

poor, poor rich people. Cobalt Violet Dec 2012 #2

No, these are upper middle class. And your attitude is the Leftist version of Union haters who want KittyWampus Dec 2012 #5

Like it or lump it. They are rich! Cobalt Violet Dec 2012 #8

I would say $7,700 a week is pretty much well above even upper middle class WooWooWoo Jan 2013 #13

Until you do the math on what the 1% makes, and the lack of what they had to sacrifice to get it. Barack_America Jan 2013 #23

Upper middle class my ass Demo_Chris Jan 2013 #31

just so you know about investment bankers, .... unblock Dec 2012 #3

i agree. i like 250k but can live with 400k. nt seabeyond Dec 2012 #4

I agree too. Dirty Socialist Jan 2013 #9

I see your point, also how many professionals start at those salaries anyway? white_wolf Dec 2012 #6

Less than that for doctors. nadinbrzezinski Jan 2013 #11

Really? I always assumed being a doctor was "safer" moneywise than being a lawyer. white_wolf Jan 2013 #21

Really nadinbrzezinski Jan 2013 #24

Interesting. Thanks for the link. white_wolf Jan 2013 #25

It varies a lot by specialty nadinbrzezinski Jan 2013 #26

Huh. I'm an MD dropout. Have an MD, not going to practice. The lifestyle is inhumane, imho. Barack_America Jan 2013 #27

Headhunter here - elehhhhna Jan 2013 #45

I also can live with this as well. It's a big pill, but swallowable... Firebrand Gary Dec 2012 #7

It drops another how many hundreds of billions on spending cuts over ten years? HereSince1628 Jan 2013 #10

My husband and I make about $200K combined AnnieBW Jan 2013 #12

I'd rather this be conceeded than anything concerning SS or Medicare bluestateguy Jan 2013 #14

And golly, maybe some of that will Jim Warren Jan 2013 #15

Reminder: if we're talking 400K adjusted gross income, they are probably actually making wiggs Jan 2013 #16

I can live with this for all the reasons you've Ilsa Jan 2013 #17

I have a doctor friend who makes around 400K a year...works 80-90 hrs/wk. Barack_America Jan 2013 #22

Thanks for fine-tuning the rationale Ilsa Jan 2013 #38

same with the medicare part of the deal. doctors, not specialist put in a hell of a lot of hours seabeyond Jan 2013 #42

39% permanent on the 400k + crowd. 55% on Capital Gains. No "entitlement" cuts.... It's not bad - jillan Jan 2013 #18

Capital gains 1KansasDem Jan 2013 #32

I'd like to see a progressive rate on capital gains. Ilsa Jan 2013 #39

I am fine with it--gotta think big picture. TwilightGardener Jan 2013 #19

It isn't horrible gollygee Jan 2013 #20

funny d_r Jan 2013 #28

400K IS the 1%. 250K is the top 2%; 400 is the 1%. At least that's what I heard on NPR tonite. snot Jan 2013 #29

not just beginning salaries: here's averages by region from a 2011 medscape survey. HiPointDem Jan 2013 #35

well jayjayusa Jan 2013 #30

The largest employer in America (Walmart) pays an average of about 17K a year Demo_Chris Jan 2013 #33

most doctors & lawyers don't make that kind of money though. and $300K in student loans HiPointDem Jan 2013 #34

Can YOU get by on only 20,000 a month? I doubt it! Demo_Chris Jan 2013 #36

From this year, average MD debt is $162,000. Barack_America Jan 2013 #41

and median debt is $170K. only 6% of new grads have debt of $300K or more. only 36% of new HiPointDem Jan 2013 #47

This is ridiculous. noamnety Jan 2013 #37

If you could only buy one new million dollar home every few years... (nt) Demo_Chris Jan 2013 #40

Doesn't include malpractice insurance for MDs. About $50K/yr on average. Barack_America Jan 2013 #44

Even with the extra 50K out of their 400K salary noamnety Jan 2013 #46

MOST Doctors don't make $400,000/yr. The average salary is $140,000/yr JaneyVee Jan 2013 #43