[Hugh R]

Luis

I agree completely. $150K/year in LA, the OC is just living comfortably, but not "Rich". I bought my house 10 years ago for $360K, a bank repo with a lot of work needed. It's now worth $750K easily and at one time about a million. I have an 08 Camry Hybrid, an 04 Highlander, and an 84 911 Targa. The only reason that I have the new Camry is that I sold an old sports car last summer for "Stupid" money to an arab sheik. If it were not for the sale of that car, I'd still be driving my 1996 Mazda 626 with 150K on the clock. The IRS doesn't adjust your taxes for the cost of living. I'm sure that if you make $150-$200K/year in many parts of the country you're sitting pretty fat; not so in El Aye. Here you're doing pretty good, but you aren't buying too many extra toys.