The Wall Street Journal Doesn't Think Anyone Makes Under $100k a Year
9:16 am - 01/16/2013
"While the top 1 percent of taxpayers will bear the biggest burden, many other families, affluent and poor, will pay more as well," wrote Wall Street Journal reporter Laura Saunders in a story about the effect the "fiscal cliff" agreement would have on taxpayers.
However, a graphic that accompanied the story might help explain the conservative mindset about cutting taxes for the rich. Despite writing about the effect tax increases will have for the poor, apparently no one in their Wall Street Journal's world makes under $100,000 a year.
I especially feel bad for the poor, single parent struggling to get by on the measly $260,000 she earns a year. After all, how's she going to afford paying an extra $280 a month in taxes when she's only bringing in $21,666 a month?
At least the retired couple that barely squeaks by with $180,000 a year of income in retirement won't have to pay more taxes (although, wearing a sweater tied around your neck like Carlton Banks is a requirement).
I would remind the editors of the Wall Street Journal that the median income in the United States is right around $50,000 a year, and less than 5 percent of households in the country earn more than $166,000 a year.
Source
edit: oops, this was already posted with a different source.
However, a graphic that accompanied the story might help explain the conservative mindset about cutting taxes for the rich. Despite writing about the effect tax increases will have for the poor, apparently no one in their Wall Street Journal's world makes under $100,000 a year.
I especially feel bad for the poor, single parent struggling to get by on the measly $260,000 she earns a year. After all, how's she going to afford paying an extra $280 a month in taxes when she's only bringing in $21,666 a month?
At least the retired couple that barely squeaks by with $180,000 a year of income in retirement won't have to pay more taxes (although, wearing a sweater tied around your neck like Carlton Banks is a requirement).
I would remind the editors of the Wall Street Journal that the median income in the United States is right around $50,000 a year, and less than 5 percent of households in the country earn more than $166,000 a year.
Source
edit: oops, this was already posted with a different source.
mte. if they put my annual income on there the picture would be of a person in a sobbing mess, probably in a gutter with some kind of alcohol in a brown bag.
smdh
But if those are the averages in law-- and that includes big law with huge paychecks-- where the hell is this single mother working to make that kind of money? Because I guarantee you she's recently single.
Well, he did come from a wealthy family, and lord knows the only black people the WSJ are familiar with is reruns from Fresh Prince of Bel Air...
Edited at 2013-01-16 03:58 pm (UTC)
Edited at 2013-01-16 04:01 pm (UTC)
Edited at 2013-01-16 04:06 pm (UTC)
My second thought was "somebody making a hundred and sixty grand a year is bawwwing over an extra three grand in taxes? fuck this shit."
When I was working, we were making about 3 times as much an the average family in our town. And over $100,000 less than their poorest couple.
I want their sad faces. I want to not worry that spending $50 on groceries for 2 weeks is an extravgance.
I hope things get better for y'all, and *soon*.
My yearly income right now, including child support (which will end next June, after my son graduates high school), is under $19K/yr.
Jesus. By that graph thingy, I have less yearly income than that single mom has in a month.
Now I'm really depressed. :-/
I'm not starving. I can afford to pay off my 6-figure loan in the allotted years. I can still buy nice things and go nice places.
My cousins (the staunch Repubs who hate "big gov't) kept their factory jobs after the economy crash thanks to government contracts. My brother is a disabled veteran and his GF is in the military. Most of my family works in education. I myself am in healthcare. We went to excellent public schools and I even had a scholarship briefly, until it was axed from the state budet. I am very grateful for what the tax dollars of America's citizens have provided for me and my loved ones.
It infuriates me to hear my friends complain. Friends with nice apartments in Manhattan. Who don't have to work 3 jobs to make ends meet. Whose children don't go to school hungry and depend to the food program for their only meal of the day. The local food bank has been discreetly sending food home with the kids whose family's would otherwise have nothing at all.
In the end, it all comes back to our culture of having and buying. If I have to pay more taxes, then I'll have even less money to buy all the stuff I want. Because that's all that's ever important anymore.