While I agree it’s a lot more expensive to live in some cities, this headline is absurd.
Biden defines $400,000 a year as 'wealthy.' In big cities, it only makes you upper middle classhttps://cnb.cx/36Dw06U
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If you make $400k, you probably have a lot more flexibility in where to live. I worked in DC and chose to live in DC and not the burbs. I never thought I should pay less in taxes because of my lifestyle choice.
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This could be one of stupidest tweets by CNBC
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Oh no...only upper middle classpic.twitter.com/EuLMty4uif
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I'm a lifelong New Yorker. Those who say $400k makes you upper-middleclass are the same people who would rather live paycheck to paycheck rather than live next to brown people. $400k is nowhere near middleclass.
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$400k a year is definitely upper middle class
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Impossible to read this headline in my head without the sound of dropping guillotine blades.
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This is not “taxing the rich”. Try targeting the gazillionaires and corporations who evade all tax, not the $400K people who pay a 40% effective tax rate and fuel the economy.
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i just can’t
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mfs trying to get me banned..
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