The point is why should someone get progressively taxed when they are attempting to live a "median" American lifestyle.
That is a home, a bedroom for each child (etc as the CNBC article pointed out)
But that's the point. If the median experience, in absolute goods is a certain thing, then why should someone making 6x the median income not be able to afford such a thing. And more topically, why should we introduce additional progressive marginal decrements to what they are able to have?
Middle class is not median. I’d agree that $400k is barely enough to get to the comparable middle class living in NYC. Earning below $100k will get you subsidized college, right?
> Earning below $100k will get you subsidized college, right?
That's more reflective of the insane inflation in college costs (and our typical "socialize things, but in the silliest possible way" approach in the States) than what lower/middle/upper class thresholds are.
Throughout history 99% were lower class. This is coming back. Not being secure about housing, education and healthcare puts you into the lower class. The middle class is almost dead.
