It just doesn't seem like a stretch to think that if something is incredibly common in a large portion of a city, that it might seem like a more common occurrence to someone who lives in that city, even if they don't live in that area of the city.
I already gave you my definition of lower middle in the NY metro area-regular, livable 3BR houses for under 400K. It seems we have different definitions, but that is no biggie really.
Here are a couple of random definitions culled in a google search, you decide:
"Classification by marketing groups is done as follows: (a) A Upper middle class: Higher managerial, administrative or professional (b) B: Middle Class: Intermediate managerial, administrative or professional (c) C1 Lower Middle Class: Supervisor or clerical and junior (d) C2 Skilled Working Class: Skilled manual workers (e) D Working Class: Semi-and unskilled manual workers (f) E Those at the lowest levels of subsistence: State pensioners etc. with no other earnings"
"The Middle Class comprises the majority part of America. These are the people who work hard for a living, and make just enough to enjoy a decent standard of life. Among the middle classes, further distinctions may be made into upper middle class and lower middle class. The Upper middle class would qualify as that group who have enough and much more to spare, while the lower middle classes could be categorized as those who have enough and a little more to spare – or perhaps just enough. It is in this group that is the most class conscious – the group that always wants to “keep up with the Joneses”. They are always anxious to do things ‘just right’ and may try to ape the lifestyles of the rich and famous." http://www.termpapergenie.com/social_class.html
An example would be any Mary Kay products that I sell at a profit as an independent consultant. I do not receive a paycheck from Mary Kay, Inc. If I buy at wholesale price and sell at retail price, that is taxable income. If I earn money babysitting, that is taxable income.
If you sold the items at a profit at the garage sale, yes it would be considered taxable income. But it is very uncommon for people to sell garage sale items at a higher price than they originally paid for the item, so generally garage sales do not generate taxable income.
Profit = income = taxable = claim it. No profit = no income = not taxable = don't claim it.
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Bwah!!
I already gave you my definition of lower middle in the NY metro area-regular, livable 3BR houses for under 400K. It seems we have different definitions, but that is no biggie really.
Here are a couple of random definitions culled in a google search, you decide:
"Classification by marketing groups is done as follows:
(a) A Upper middle class: Higher managerial, administrative or professional
(b) B: Middle Class: Intermediate managerial, administrative or professional
(c) C1 Lower Middle Class: Supervisor or clerical and junior
(d) C2 Skilled Working Class: Skilled manual workers
(e) D Working Class: Semi-and unskilled manual workers
(f) E Those at the lowest levels of subsistence: State pensioners etc. with no other earnings"
"The Middle Class comprises the majority part of America. These are the people who work hard for a living, and make just enough to enjoy a decent standard of life. Among the middle classes, further distinctions may be made into upper middle class and lower middle class. The Upper middle class would qualify as that group who have enough and much more to spare, while the lower middle classes could be categorized as those who have enough and a little more to spare – or perhaps just enough. It is in this group that is the most class conscious – the group that always wants to “keep up with the Joneses”. They are always anxious to do things ‘just right’ and may try to ape the lifestyles of the rich and famous."
http://www.termpapergenie.com/social_class.html
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If you sold the items at a profit at the garage sale, yes it would be considered taxable income. But it is very uncommon for people to sell garage sale items at a higher price than they originally paid for the item, so generally garage sales do not generate taxable income.
Profit = income = taxable = claim it.
No profit = no income = not taxable = don't claim it.
I found these on the cnn.com website for the Best Places to live (my town):
Family income--$2,000 less in my town than the average of all the best places polled
Home price---$45,000 less in my town than the average of all the best places polled---so I would think that $400,000 IS average, not lower class.
Taxes--$2,800 more in my town than the average of all the best places polled
% of students in public and private school--100% in my town and the average was 91%
As usual, you would be wrong about the tax implications. You are
I am well aware of this as I have won big item things in the past :)
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