Many variables determine the answer to the middle class question.
Who is wealthier...someone who makes 30,000 a year but has no kids and inherited a paid of residence or a someone who has 3 kids and a spouse who makes 175,000 a year with two kids going to college. Factor in the taxes.
Thoughts?
Reality Man
http://finance.yahoo.com/news/university-michigan-student-insists-earning-183000778.html
Who is wealthier...someone who makes 30,000 a year but has no kids and inherited a paid of residence or a someone who has 3 kids and a spouse who makes 175,000 a year with two kids going to college. Factor in the taxes.
Thoughts?
Reality Man
http://finance.yahoo.com/news/university-michigan-student-insists-earning-183000778.html