Please excuse my errors... I am going to start asking lots of questions! Lemme see if I can come up with 4 more good ones. Love, Liz
2006-09-19 05:20:03 · 19 answers · asked by theskyisthelimit02 3 in Local Businesses ➔ United States ➔ Dallas
In what sense? It is a lot of money and considered upper middle class in the tax bracket system which goes up to 499,000 a year then you are in the highest tax bracket. You have to factor in cost of living though and I would imagine is fairly proportional to the city. If you made this much and lived in LA you would just be well off because I believe the cost of living there is like 95,000 a year.
2006-09-19 05:22:57 · answer #1 · answered by mojo2093@sbcglobal.net 5 · 0⤊ 0⤋
well, before taxes, thats about $4000.00 a week...depends on your lifestyle. I personally can live pretty damn well on 560 a week, as long as i keep expenses down. I live in a small place, drive a used car, but i travel anywhere and anytime I like. If I had a morgage and big car payment, i would be able to do nothing. I prefer the freedom to the money, but every one has differnt values.
2006-09-19 12:23:27 · answer #2 · answered by alanc_59 5 · 1⤊ 0⤋
That is if it cost you only 1/4 of that amount to make it. It's bad if it cost you say double that
to make that amount. In other words the cost
of your business in relation to profits should be
alot smaller than your profits. There are exceptions. but not really exceptions... Wholesale and Retail business.. they put out more money than they make in start up inventory and when they sell the inventory if they are lucky they'll make money!
2006-09-19 14:03:06 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I would say that is excellent pay. I dont make but 38,000 a year and I am living great.
2006-09-19 12:26:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋
yes that is in the top 5% of wage earners in the US, maybe higher.
2006-09-19 12:22:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋
yes that is really good the president only makes $175,000 per year
2006-09-19 12:21:49 · answer #6 · answered by fluffera99 2 · 1⤊ 0⤋
Yeah.
2006-09-19 12:21:25 · answer #7 · answered by FaerieWhings 7 · 0⤊ 0⤋
Its ok, anywhere around $300,000 a year is average
2006-09-19 12:22:16 · answer #8 · answered by Molly323 5 · 0⤊ 1⤋
yes thats good
2006-09-19 12:21:24 · answer #9 · answered by frigon_p 5 · 0⤊ 0⤋
No. If you don't make $206,001, you aren't keeping up with your neighbors.
2006-09-19 12:22:26 · answer #10 · answered by Anonymous · 0⤊ 0⤋