Olorin Posted April 21, 2009 Share Posted April 21, 2009 $260k/year is most certainly NOT middle class. Doing a quick search on the internet, it seems that as of the 2005 census, that income puts you in the top 1.5%. Having 98.5% of households making less than you does not make you middle class by any stretch of the imagination. Myself, I tend to think less in terms of middle/upper class than in terms of working and investment classes. You've got people who trade their time for a salary or who run a business from which they make their living, and then you have people who have great wealth coupled with the option of not working -- entertainers, very successful businesspeople, executive, entertainers, or folks who by amazing hard work and intelligence (or luck of winning the genetic lottery) gather all the income they need from returns on investments. You make a great point and the way you've framed it is certainly sensible. Quote Link to comment Share on other sites More sharing options...
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