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Technology Stocks : All About Sun Microsystems

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To: Marc Hyman who wrote (59539)	3/17/2004 12:21:48 AM
From: Dinesh	Read Replies (2) of 64865

So California is not all that different from the rest of the US. 150K in California is not that much different than 150K anyplace else. Marc I can work out my stats from the BLS site, thank you. But you have missed much of this thread. It isn't 150K "anywhere in California" but specifically in Palo Alto, CA. You can't even dream of buying a house in a lot of zipcodes of Palo Alto at that level of income. Ditto with other middle-class neighborhoods - Mountain View, Cupertino and so on. Unless you don't mind school districts with circa 25% reading scores. Broad-brush, and some people are bound to be lost. Which is what we had originally been discussing in relation to retirement plan incentives offered by the government. So folks making 150K in Palo Alto are not given the benefit of Roth and all that other stuff that's available to those in Fresno. How much more ridiculous do you want the tax code to get? BTW Most of the 300 mil don't live in Rural USA. A satistically significant chunk lives in urban areas. Regards Dinesh

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