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300k isn’t what it used to be these days with inflation and cost of living. If you have kids and a house, things get expensive quickly.


Get real, look at some statistics, that's more than 3x median


Yes, it was Ferrari money and now it’s just Porsche money. Poor things.


This is the problem when talking about class warfare. We are eating our own. Someone making $300k a year is closer to the median than someone making $5 million a year. Losing ~30% of your spending power since 2008 might not matter if you're a billionaire but for most working professionals it has an impact.


You make a good point - lumping people who make 500k a year with those making 5 million (or 50 million) a year is bad policy.

It's still a very good income, though.




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