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Why do some people say that real estate taxes are taxes on middle-class people?

Only middle-class people pay a real estate tax.B.Real estate taxes make up a large part of the expenses of most middle-class people. Middle-class people benefit the most from real estate taxes. There is no good reason -- it is a myth.


Was Ronal Reagan born to poverty or wealth?

He was most certainly not born into wealth, but he was not really poor either. Many historians believe that the reason he was such a good president, who really cared about and related to the American people, was because he was from a middle class family and he worked regular jobs just like the rest of us.


What is China's disposable income?

January, 2008: The annual per capita disposable income of farmers in Shanghai exceeded 10,000 yuan (about 1,369 U.S. dollars) for the first time last year, according to information released from an enlarged meeting of the leading groupof Shanghai City on rural work. Present estimates of "middle class" in China range from 100 million to 247 million, depending on how much income renders one "middle class." Assuming that an income of about$9000 is necessary to be considered middle class, China could have over 600 million middle class citizens by 2015. The China State Information Center, by contrast, considers those earning 50,000 yuan ($6,227) per year to be middle class - and expects 25% of the populace to qualify by 2010. Of course, the level of affluence commanded by each tier depends on where the household is situated. For example, to be considered middle class in Shanghai, China's most expensive city, a family would need to have a higher income than if it were living inland in Chengdu or Chongqing. Roughly 13.5 percent of the China's population now belongs to the middle class.


How are rising gas prices changing life in America?

most people in America are middle class citizens but because of gas and other rising prices some are slipping into the lower class category. so people try to save as much money as they can by driving less mostly


What is the most common economic system in the world?

Mixed economic systems combine elements of market and command economies. It is currently the most common economic system.

Related Questions

What did most progressive have in common?

They were white they were middle class


The growing middle class was most likely to find jobs in?

The professions and industrial and business management.


What is most common among middle class people?

Middle class people typically have stable incomes, own homes, hold professional or skilled jobs, and value education for themselves and their children. They often prioritize saving for the future, maintaining a comfortable lifestyle, and seeking opportunities for career advancement.


What defines someone as being middle class?

"Middle class" has no strict definition, except that it is between "working class" and "upper class." Generally, those in the working class tend to work for hourly wages at jobs that do not require college degrees, which they often lack. In contrast, the upper class consists of the wealthiest individuals, who may not even need to work and can afford most luxuries. The middle class is somewhere between these two.


What are the most common occupations in Paris?

Teachers and retail workers have the worlds most common jobs


Is personal income 75000 middle class or upper middle class?

Depends on where you are. This would be considered middle class in cities like New York and San Fransisco. But in most other locations, it would be considered upper middle class.


What social group was exploited by the middle class?

The poor and lower class was exploited by the middle class. They were at the most disadvantage since the beginning of the nation.


Most leaders of the newly independent African nations came from?

urban middle class


What group was most likely to join reform movements?

The middle class


Why English is important for middle class people?

Most of the middle class people must use English to communicate


What are the most common American jobs in 2000?

this is the most common 1. a banker


Jean-Baptiste-Siméon Chardin painter of The Ray was most famous for capturing the lives of?

growing middle class