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Originally posted by tc-sacto
Also depends on where you live. My sister-in-law in Idaho and her husband are in the $60,000 and the do quite well.
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very true, also your lifestyle choices
Quote:
Originally posted by tc-sacto
I actually did benefit fromt the tax cut. Capital gains/qualified dividends in my bracket went from 28% to 15%.
So I droped 3% in income tax and 7% in Cap. Gain/Div tax. Every little bit helps.
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I'm all for the 15% on capitol gains and dividends, why not on interest.
bottom line though most in the middle class recieve so little of either that it's meaningless as far as their lives go.
You got 3% and are thankfull while the guy making 2 -5 times your income got double that %, multiplied but his income, that's some real coin in his pocket.