Is this true?

Is this true?

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>400k
>Not enough
Lolwut

$400k is _a lot_

If anyone says anything else theyre full of shit. Unless theyre millionaires

if 400k is barely scraping by some imagine making 10 k a year lol

Yes. I don’t make 400k but my household makes around 250k from wagecucking and small business. Rent is 2.5k and then the rest goes into utility for home and business, insurances, the basics and taxes and in the end we can only vacation 2-4 weekends a year.
That’s weekends. We can’t even take off entire weeks.

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115K is probably the upper limit of paycheck to paycheck.

>if you're income is 4x more than one year of college you're an evil richie rich

If you're "just getting by" on $250k per year, you're living way above your means.

What small business do you own? Do you have accountants and business insurances too? How much do you spend on tooling/equipment?

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This has to be a larp. With 250k income you should be saving like 200k each year

>250k a year
>still spend all of it
holy fuck I can't wait for the rich to get the rope

My sweet summer child. Politicians have been using this tactic since the 40s. They always lead in with it will only affect the rich. Thats how income tax started. Seasoninged

>Business expenses? What dat sheeit be??

Business expenses should not be counted in net expenses retard. That's business not personal.

I forgot to add, some of the equipment I’ve bought in the past 3 years is 60k-80k and I have to pay that off monthly and have insurance for it as well
You will always be poor if you don’t understand money you retarded faggot.

I have $700k and not comfy until $1.5M. Luckily I have a shitload of Safex miners humming along.

with 250k income you pay 112k in theft/TAXES. With 138k left, subtract tithe and charity = 125k / 12 months = 10.k/month. say 3k for living expenses. saving 7k/month x 12 months = 84k/ year savings.
Do that for 30 years and retire with 2.5million (maybe 10m depending on markets) - but lets assume markets fuck your butt. 2.5 million - that's just enough to end up beaten by niggers in a retirement home when you're 90.

Invest in your family and children, not in another man's corporate profits.
Because at 250k, you're still poor.

I make 1/10th that and I'm doing okay

>400k not enough
Well stop buying fucking cappuccinos what the fuck

Between my wife and I, we bring in around 200k. We do not take any kind of big vacations, don't have really nice cars (a 2018 and paid for 2009), live in a moderate house. We also have 3 kids. To have a good lifestyle, I need to make about 400k. That would give me more options but no where near wealthy.

You're overleveraged you fucking retard. Cut back expenses before you become the 80%.

>1 year of college
>100k
Confirmed to never have gone

i make $70k/year, pay $1000/month to live in a nigger shithole apartment, and i've never gone on a vacation in my entire life.

Does not matter.
Biden has pledged to remove the trump tax cuts.
The result:
Income tax increase for every wealth bracket.

The fucking old scam by ((the government)).
Income and wealth are different things, but they dont want to go after the wealthy, they want to go for the middle class who pays the most taxes anyway and has a decent income but no wealth.

I am right there with you. I have 3 kids and money goes fast. We don't have much debt, house is paid down but we can not afford to take any kind of big vacations (overseas). Just barely comfortable at $200k/yr. I would not consider 400k wealthy but would give way more options and a bump in lifestyle.

bait

Dude you are conflating turnover with profit.

I am I will admit. The decisions I have made will pay off in the future since they’re business investments that have a earned me about +15% every month, at the cost of being in debt of course. Once I pay everything off I’ll be ok

This retard doesn't understand how business owners separate income

so you're a retarded nigger conflating income of your business and personal income.

If you have a family and live in NYC, yeah maybe.

You're a stupid nigger.

BTW - OP article is a perfect example of a "red herring" to mislead and distract the masses from what has actually already been pledged in regards to biden taxes.
Highlighted here:

I make minimum wage and have been on 4 holidays this year (Spain, Greece, North Wales,...)

I have to do almost nothing for my job (it's academic research) and still have plenty money in the bank and in crypto (10k LINK)

WTF are you even doing bro? Imagine stressing over a business and then only getting 2-4 weekends

Everyone point and laugh at this gorilla nigger!!!!

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get out. get away from negroes. go be poor somewhere else. you can be poor and enjoy life, but not around negroes.

Yes it is, imagine you're some corporate lawyer or IB dude in NYC. These people have built a life supporting the spending habits of their trophy wives, a coke habit of their own and the secretary they fuck to get away from their family. Then they go deep into debt getting a place in the Hamptons or a super car just because their stupid wives want to keep up with the Jones's when they see someone making 1M a year with a place in the Hamptons. Im not saying they deserve pity but they have 7 figure net worth with the tastes of someone worth 9 figures.

Saving 84k a year where i live is very rare and is fucking great.

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