posted on Oct, 14 2017 @ 07:19 AM
I was reading the tax reform and it seem that those in Washington cant decided on what is middle class income or what can be considered middle class,
I figured that most us on ATS can figure this one out for them.
Going of off myself, family of 4, We were struggling to make ends meet making just over $30K a year,(did not qualify for any help) but we managed,
kids got old enough and wife went back to work,(it was cheaper for her to stay home instead of day care), with two incomes we were able to finally
purchase a new vehicle, our 1991 was put to rest in 2012, vacations were going to grandma and grandpas or another relative.
But several years later, both kids graduated, one working full time and one we are helping put through college, he is doing his core classes locally
to save on cost.
Last year we made just about 73K between the two of us and I can finally say we have more than two nickels to rub together at the end of the day, and
actually have some money put away for emergencies, we are better of than we were but still watch what we are spending.
Looking around and seeing them discuss what is middle class, I think I fit the profile, we don't make over 100K per year don't have a 3000sq ft home
and all the seasonal toys or take expensive vacations.
So I think if you make over 125k per year (dual income) your not middle class