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baseballcrank's profile
Dan McLaughlin
Dan McLaughlin
Dan McLaughlin
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@baseballcrank

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Dan McLaughlinVerified account

@baseballcrank

Senior Writer @NRO. Reaganite, Catholic, Mets fan, ex-lawyer. Opinions 100% my own, but you can share them. Not the Cardinals broadcaster.

New York
nationalreview.com/author/dan-mcl…
Joined May 2009

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    Dan McLaughlin‏Verified account @baseballcrank 6 Oct 2020

    Dan McLaughlin Retweeted CNBC

    Real talk: whether $400,000 a year makes you wealthy depends in part on where you live, but it depends a lot more on how many years in a row you make that much money & how much debt you started off with.https://twitter.com/CNBC/status/1313489245823283201 …

    Dan McLaughlin added,

    CNBCVerified account @CNBC
    Biden defines $400,000 a year as 'wealthy.' In big cities, it only makes you upper middle class https://cnb.cx/36Dw06U 
    8:54 AM - 6 Oct 2020
    • 18 Retweets
    • 161 Likes
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    13 replies 18 retweets 161 likes
      1. Dan McLaughlin‏Verified account @baseballcrank 6 Oct 2020

        My own definition of "rich" has always been "can afford to never work again." If you can't afford to quit, you're not rich yet.

        11 replies 8 retweets 110 likes
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      2. Dan McLaughlin‏Verified account @baseballcrank 6 Oct 2020
        Replying to @ThatBearUKnow

        Bingo.

        0 replies 0 retweets 2 likes
      3. End of conversation
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      2. Louis Ingenthron‏ @LouisIngenthron 6 Oct 2020

        Well, the article was about how Biden only wants to raise taxes on those who make more than $400K a year, so... yeah. He is leading the party of the working man compared to the party that just wants to cut taxes for the rich.

        0 replies 0 retweets 1 like
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      1. Bobby Cosmo‏ @Bobsalltimehits 6 Oct 2020
        Replying to @baseballcrank

        This is a good point that further explains what dire straits so many Americans are in who don't even make 1/20th of that salary.

        0 replies 0 retweets 2 likes
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      1. Clark E. Smith‏ @clarksmithtx 6 Oct 2020
        Replying to @baseballcrank

        And -- a corollary to your second point -- how frugal you were leading up to the $400k salary

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      1. Louis Ingenthron‏ @LouisIngenthron 6 Oct 2020
        Replying to @baseballcrank

        Also, that article used a $2M home as an example of a middle-class family living thrifty, so maybe it should be taken with a huge grain of salt to begin with.

        0 replies 0 retweets 4 likes
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      1. Sir Thopas‏ @Sir_Thopas 6 Oct 2020
        Replying to @baseballcrank @LoganDobson

        I make a fraction of that number and I live in an expensive, high-rent city (Seattle), yet I somehow feel rich as hell. 🤷🏼‍♂️

        0 replies 0 retweets 0 likes
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      1. Michael from Montana‏ @WellspringGP 6 Oct 2020
        Replying to @baseballcrank

        In my modest hood of Menlo Park CA you’d pay property tax alone of $35,000 annually on a 3 BR 1950s rancher on an 8000 ft lot. And that’s assuming you could come up with the down payment and foot an 8K monthly mortgage.

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