>All I know is that a family making $250k living in Bergen county is not “RICH”
All I know is that a family making $250k living in Bergen county is not “RICH”. While $250k goes much further in southern and western states, it doesn’t lead to some extravagant lifestyle living in Bergen county (or NJ for that matter).
Between Federal Taxes, State Taxes, avg county property taxes, social security and medicare taxes, the current tax rate for a family making $250k is 49.82%!!!
If the Dems want to raise taxes they need to look to change the brackets of what they consider rich, since $250k a year in Bergen county gets you a modest 3-bedroom home, some money put away for college funds and dinner out once a month. That sounds a lot more middle class to me.
