| ▲ | hparadiz 3 hours ago | ||||||||||||||||||||||||||||||||||
The average person in my area makes like 250-350k between two professionals being a couple. They will have 25 peak earning years where they earn like 240k after taxes but only spend 100k so that extra 140k goes into IRA/401k, and other investments, plus discretionary spend. They have 1 million in those accounts within 10 years and 3 million by the time they are in their 50s. That 40k per year you keep citing at that point is less than 2%. None of these people will vote for higher taxes and they keep winning elections. This isn't France and you're not gonna do shit. | |||||||||||||||||||||||||||||||||||
| ▲ | ceejayoz 3 hours ago | parent [-] | ||||||||||||||||||||||||||||||||||
> The average person in my area makes like 250-350k between two professionals being a couple. Even in SF that's about double reality. https://www.census.gov/quickfacts/fact/table/sanfranciscocit... > They will have 25 peak earning years where they earn like 240k after taxes but only spend 100k so that extra 140k goes into IRA/401k, and other investments, plus discretionary spend. Talking about an extra $140k a year for decades straight to put into savings as if it's the American norm illustrates just how deeply out of touch you are here. https://www.census.gov/library/publications/2025/demo/p60-28... "Median household income was $83,730 in 2024" > This isn't France and you're not gonna do shit. Yeah, Louis XVI thought the same. | |||||||||||||||||||||||||||||||||||
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