Quote:
Originally Posted by GordonBlue
I wouldn't.
that's a heck of a lot of money.
two people making more than $100,000 each to me doesn't qualify as middle class.
plus your two teacher example can add about $45,000 value in their benefits, too.
that's a pretty darn good lifestyle.
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A lot of it depends on how they've got their financials set up. Two teachers each earning $100k, might only walk away with $140k after taxes. While that's a very comfortable lifestyle, it's not going to allow you to live a truly upper class lifestyle.
Comparatively, a home with two people making $50k/year, might end up with a take home of $80k after taxes.
So you've got a spread between $80k-$140k for the middle class, which seems totally fair.
Now, someone who makes $300k, but runs a corporation, might walk away with $260k post tax, for a single salary. That kind of situation is much more in line with an upper class lifestyle, and it will allow the person to save significantly more and then invest that.