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by refurb
2102 days ago
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One of the reasons, I assume, is that plenty of those making >$145,000 live in HCOL areas and after paying for housing, childcare expenses, etc, they don't feel very "rich". So they likely agree the rich should pay more, they just think they are one of them. |
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1. Pew adjusts for COL in its income distribution, so no. 2. HCOL are HCOL because they are desirable. It's not just a higher cost of living for the exact same quality of life.
> they don't feel very "rich"
I think the point is that there is a psychological phenomenon where objectively very high-income people don't "feel" rich. Even after "housing, childcare expenses, etc," six figures is relatively affluent in my book. Also this was $145,000 for a single person, so I'm not sure childcare would factor in for most people.