What annual income puts you among "The Rich"?

[kelpdiver 2]

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I've met plenty of people who've accumulated enough that they don't need to work and am trying for the same thing myself. After I pull it off I'll do the same thing they did - work full-time on interesting things without regard for the paycheck (or lack thereof) which goes with it.

If I get to such a point, I expect to be in permament travel or hike mode. It's a very different experience to spend 2 months cruising through central america rather than 2 hurried shots. And instead of seeing my mom in the sierra for a long weekend, I could go out hiking for 2-4 days at a time and use the cabin as home base.

[Ron 10]

John, you can continue this if you would like.

But you tried to claim that Buffet gets preferential treatment when in fact he is charged at the EXACT SAME RATE as everyone else on the SAME SOURCE.

Your attempts to make that simple fact into something else have failed.

You failed to mention rate (maybe you intended to, but you did not) until called on it.

Again, the facts and the data prove your current track to be false.

You may continue this if you like, but the facts are clear...You never mentioned rate till you were called on it.

"No free man shall ever be debarred the use of arms." -- Thomas Jefferson, Thomas Jefferson Papers, 334

[kallend 2,148]

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John, you can continue this if you would like.

But you tried to claim that Buffet gets preferential treatment when in fact he is charged at the EXACT SAME RATE as everyone else on the SAME SOURCE.

Your attempts to make that simple fact into something else have failed.

You failed to mention rate (maybe you intended to, but you did not) until called on it.

Again, the facts and the data prove your current track to be false.

You may continue this if you like, but the facts are clear...You never mentioned rate till you were called on it.

In your dreams, maybe, Ron. The souce clearly stated "tax rate" in the very first sentence. The same source you said didn't mention rate "anywhere".

PS check post #175 that you refer to, like everyone else can.

...

The only sure way to survive a canopy collision is not to have one.

[bjjman 0]

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renting apartments for less than 5-6 hundred a month

And therein lies the reason for your sweeping generalization about living off $30k/year while having so much extra for savings.

Your figures are 1/3 of the rent that I'm familiar with. A decent place around me is more like $1500/month. Can you really get a decent place in Dallas for $500/month? That's crazy.

And no, moving to Dallas is not the answer. For most people that would mean starting over putting them in even more of a bind.

"Great spirits have always encountered violent opposition from mediocre minds." -Albert Einstein