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Actual Wall Street Journal graphic on how much people will suffer in tax hikes (truly bizarre) (Original Post) Adenoid_Hynkel Jan 2013 OP
"notice the saddened faces" - more proof that money doesn't necessarily buy happiness I guess. n/t PoliticAverse Jan 2013 #1
Angry too. UnrepentantLiberal Jan 2013 #3
Just further proof that President Obama hates white people. politicaljunkie41910 Jan 2013 #31
I KNEW IT!!! 1983law Jan 2013 #32
It has become so hard to tell, these days but is this real? Arkansas Granny Jan 2013 #2
Real and online even... PoliticAverse Jan 2013 #5
What the hell is wrong with those people? tavalon Jan 2013 #17
So true! nt valerief Jan 2013 #8
"...poor, poor family..." greiner3 Jan 2013 #4
Wow, that is truly a "broad swath" of Americans. Beartracks Jan 2013 #6
Wow what a impressionable bunch of nuts the conservatives are. aandegoons Jan 2013 #7
My husband and I JustAnotherGen Jan 2013 #9
Also note the sad-faced retirees, who get a tax increase of "none". Skinner Jan 2013 #10
I think the idea is that the retired people should get a tax break and tavalon Jan 2013 #18
Gee, investment income of $180,000 a year would mean they have principal of $4.5m, Flatulo Jan 2013 #20
Sigh, I wish I could say the same tavalon Jan 2013 #23
Unlike most of my peers, I resisted the temptation Flatulo Jan 2013 #25
OFCS! Don't they know the "broad swath" of single Moms live below the poverty line? Coyotl Jan 2013 #11
My jaw dropped. $260,000?!?! Scootaloo Jan 2013 #14
Aw, the 1% RedstDem Jan 2013 #12
I know its early, but.... socalgal58 Jan 2013 #13
Shows how out of touch they are. Jakes Progress Jan 2013 #38
You think it's EASY getting by on only 379K a year?! Demo_Chris Jan 2013 #15
Oh, the horror. Granny M Jan 2013 #21
Very good onlyadream Jan 2013 #22
+256 Angry Dragon Jan 2013 #34
You win DU for the day. Brigid Jan 2013 #40
These people really do exist marions ghost Jan 2013 #42
Words like "suffer" and "pain" don't apply at those income levels nuxvomica Jan 2013 #16
Sir, until you have walked a mile in my thousand dollar Salvatore Ferragamo loafers, do not judge! Demo_Chris Jan 2013 #24
Are they kidding!? onlyadream Jan 2013 #19
Damn, retired couple $180,000, I didn't know doc03 Jan 2013 #26
Kidding aside, there are a whole lot of folks doing VERY nicely in this country Demo_Chris Jan 2013 #29
Something I have noticed is I see a disproportionate doc03 Jan 2013 #30
Gee!! If I retire now will I earn $180,000 a year? greatauntoftriplets Jan 2013 #41
First World Problem Xipe Totec Jan 2013 #27
Now I wonder who owns the Wall Street Journal? LiberalFighter Jan 2013 #28
In the WSJ's America no one makes less than $180K a year..... nt TeamPooka Jan 2013 #33
Notice the black couple earns the least and is least affected by Obama's tax. Festivito Jan 2013 #35
Boy, talk about being out of touch with reality! Proud Liberal Dem Jan 2013 #36
Golly. The Journal is right. We didn't raise taxes enough. Jakes Progress Jan 2013 #37
The "broad swath" the Journal refers to are less than 2% of the people. Jakes Progress Jan 2013 #39

politicaljunkie41910

(3,335 posts)
31. Just further proof that President Obama hates white people.
Sun Jan 13, 2013, 12:03 PM
Jan 2013

Notice the brown people in that picture's taxes didn't go up.

tavalon

(27,985 posts)
17. What the hell is wrong with those people?
Sun Jan 13, 2013, 09:31 AM
Jan 2013

I mean, other than being comic strip like characters. That would be a bummer but otherwise, who wouldn't want to have their "problem"? Selfish comic strip people.

 

greiner3

(5,214 posts)
4. "...poor, poor family..."
Sun Jan 13, 2013, 07:34 AM
Jan 2013

I have seen the demographics of this 'family' and 4 children is about double its rate.

Also, this family ONLY put $196,283 into investment income; in one year alone!

Beartracks

(12,806 posts)
6. Wow, that is truly a "broad swath" of Americans.
Sun Jan 13, 2013, 07:59 AM
Jan 2013

3/4 of those households bring home over $200,000 per year.

Well, okay, I guess taxes aren't increasing for most people *under* $200K, so the graphic just represents, what -- a "broad swath" of WSJ readers?

===================

JustAnotherGen

(31,798 posts)
9. My husband and I
Sun Jan 13, 2013, 08:37 AM
Jan 2013

Fall in these demographics and we are dancing in gleeeeeeee!

Shoring up social security? Check.

Stop there. We are thrilled! Those was faces do NOT represent all high earners. It only reflects selfis high earners.

tavalon

(27,985 posts)
18. I think the idea is that the retired people should get a tax break and
Sun Jan 13, 2013, 09:33 AM
Jan 2013

we shouldn't be concerned about the amount of money they get each year.

 

Flatulo

(5,005 posts)
20. Gee, investment income of $180,000 a year would mean they have principal of $4.5m,
Sun Jan 13, 2013, 09:51 AM
Jan 2013

assuming a market return of 4%.

I wonder how many retirees have that much of a stash? I don't have 1/15 of that, and my financial planner says I'm in the top 10 percentile for savings.

Try as I might, I could never spend $135K in a year when I was working.

tavalon

(27,985 posts)
23. Sigh, I wish I could say the same
Sun Jan 13, 2013, 09:55 AM
Jan 2013

Then again, last year was my first year to break 6 figures, but with an autistic teenager with many health problems and now, estranged from hubby and paying child support (which I willingly and happily pay), I think it's fairly easy to spend it.

 

Flatulo

(5,005 posts)
25. Unlike most of my peers, I resisted the temptation
Sun Jan 13, 2013, 10:42 AM
Jan 2013

to buy a McMansion. I had a pretty small mortgage on my pretty small home, which I paid off 15 years early. Seems like everyone else was counting on their home to finance their retirement.

 

Coyotl

(15,262 posts)
11. OFCS! Don't they know the "broad swath" of single Moms live below the poverty line?
Sun Jan 13, 2013, 08:49 AM
Jan 2013

Yeah, let's raise the minimum wage to $230k a year.

 

Scootaloo

(25,699 posts)
14. My jaw dropped. $260,000?!?!
Sun Jan 13, 2013, 09:20 AM
Jan 2013

Folks, growing up me, my mother, and my sister would have been ecstatic about $14,000 a year.

Two fucking hundred and sixty fucking thousand goddamned dollars a year for a single mom with two kids?! Is she a goddamned colombian drug lord's widow, is that what's going on here? Jesus christ.

 

RedstDem

(1,239 posts)
12. Aw, the 1%
Sun Jan 13, 2013, 08:50 AM
Jan 2013

such a sad lot.
I'm here to tell you all, these people are always sad and angry.

they're called drama queens!

socalgal58

(19 posts)
13. I know its early, but....
Sun Jan 13, 2013, 09:09 AM
Jan 2013

I had to do a double take as I too thought this was from The Onion..... WTF? Really? A single parent wi/$260K in annual income? A retired couple with $180K in annual income? My single parent friends are lucky if they can make $40K a year- and retired couples? My parents are in their 80's and my mother still works part time- $180K? That's a dream for them. Jeezus, where do they get this crap? Better send the waahmbulance to help these poor poor individuals with their "pain".

Jakes Progress

(11,122 posts)
38. Shows how out of touch they are.
Sun Jan 13, 2013, 05:09 PM
Jan 2013

Like bush not knowing how much loaf of bread costs. He guessed twenty dollars or more. These people have so much money, that eh amount we live on means nothing to them.

Clueless, greedy assholes.

 

Demo_Chris

(6,234 posts)
15. You think it's EASY getting by on only 379K a year?!
Sun Jan 13, 2013, 09:24 AM
Jan 2013

You have no freaking idea what it's like to be a middle class person in this country!

Obviously I am not going to live in a ghetto, but that doesn't mean we all live in mansions! We live in a modest 3200 square foot house in a gated subdivision. Did I say house? It's a money pit! Even the little things add up to serious money. Just paying the pool boy costs a fortune and it's not even that big of a pool! The groundskeepers are $550 a month, and that's a bargain I only got when I threatened to call immigration on them. Then we've got the housekeeping service, and that isn't cheap. You'd think for what we pay them they would do the outside third story windows, but no, we have to pay a window company for that as well. It's a scandal.

Nothing is cheap these days. Not for any of us. My son Prescott came home crying the other day. It seems he wandered outside the walls of our community and was set upon by a gang of hooligans who made fun of the way he was dressed. He ran away, as we have tought him, and these criminals followed -- still yelling insults -- until they were stopped by the security at the gate. Prescott was inconsolable. His hat -- a jaunty bowler he selected himself on his last trip to London -- fell off when he fled, and not being suicidal I wasn't about to venture out there to retrieve it myself, so I had to have a new one sent next day air. So there's that bill, plus the intensive therapy Prescott will need after his ordeal. He graduates from Marbury Academy next year, then it's off to college, so we have that to look forward to as well.

My daughter Penelope adds her own expenses. She too is still in therapy -- we won't go into why. Plus she does dance, gymnastics, and equitation. Her horse alone is setting us back a fortune, never mind the stable fees and the groomsmen, but my little princess is worth it!

Anyway, like I said, it's not exactly easy being middle class. $31,000 a month only goes so far. We are struggling exactly like the rest of you. I am only thankful that President Obama decided not to raise our taxes -- I don't know how we would get by.

nuxvomica

(12,419 posts)
16. Words like "suffer" and "pain" don't apply at those income levels
Sun Jan 13, 2013, 09:30 AM
Jan 2013

This is the rhetorical trick the right has been using for decades: define suffering applicable to middle class and lower incomes and expand it proportionally to upper incomes. There is no way an upper income person has a greater tax "burden" when their taxes increase 5%. A burden is a weight on the body. A working class person feels taxes as such a weight because they use their bodies in actual labor to generate income and any shortfall of that income affects their bodies and those of their dependents -- less money for food, health care, etc. At some point embodied metaphors have to mean something and if words like "pain", "suffering", "onerous", "burdensome" and "relief" can apply to financial wealth then the rich must be far more sensitive and delicate than the rest of us. Perhaps the expansion of personal wealth actually does expand one's vulnerability to pain. If so, higher taxes could be seen, long term, as a blessing to the rich.

 

Demo_Chris

(6,234 posts)
24. Sir, until you have walked a mile in my thousand dollar Salvatore Ferragamo loafers, do not judge!
Sun Jan 13, 2013, 10:04 AM
Jan 2013

Last edited Sun Jan 13, 2013, 11:14 AM - Edit history (1)

onlyadream

(2,165 posts)
19. Are they kidding!?
Sun Jan 13, 2013, 09:49 AM
Jan 2013

Oh, those poor poor people!!!! I feel sooooo sorry for them!! I guess maybe the will have to cut back and put less money in their secret bank accounts.

doc03

(35,321 posts)
26. Damn, retired couple $180,000, I didn't know
Sun Jan 13, 2013, 10:54 AM
Jan 2013

us retirees were doing that well. I think I am getting short changed. They didn't get any tax increase, see SS is too generous.

 

Demo_Chris

(6,234 posts)
29. Kidding aside, there are a whole lot of folks doing VERY nicely in this country
Sun Jan 13, 2013, 11:34 AM
Jan 2013

There are millions just in the top couple percent, and a whole lot more doing damn near as well.

The problem is the divide between those doing fine, and those who are not. America's largest employer is Walmart. Most of the rest of the largest employers are similar type jobs, all paying as close to minimum wage and zero benefits as possible. Walmart checkers average about 17K a year, and for jobs of this type that's not that bad. Unfortunately, for much of the country that's all there is. You are either wealthy as Midas or you are poor as dirt.

But this is what WE wanted.

Democrats passed NAFTA. And that, as they say, was that. This agreement, and others like it, was the end of unions, prosperity, and the middle class. With the stroke of a pen we became a retail service economy, and we condemned our children to poverty.

I say we, but I am being nice. My generation had nothing to do with it.



doc03

(35,321 posts)
30. Something I have noticed is I see a disproportionate
Sun Jan 13, 2013, 11:47 AM
Jan 2013

number of senior citizens eating in restaurants especially higher end ones. The reason is not SS pays so much but a large percentage of us worked good union jobs that provided a good pension. I know I have it a lot better in my retirement than my brother 16 years younger than me will have it. I worked a good union job and they are all gone, his whole life has been a struggle trying to live on non-union low wage jobs. My brother is 49 his company doesn't have a pension and he can't afford to put much into a 401k working for those wages.

LiberalFighter

(50,825 posts)
28. Now I wonder who owns the Wall Street Journal?
Sun Jan 13, 2013, 11:12 AM
Jan 2013

Could it be News Corporation and the one and only evil Rupert Murdoch?

Proud Liberal Dem

(24,399 posts)
36. Boy, talk about being out of touch with reality!
Sun Jan 13, 2013, 05:05 PM
Jan 2013


Anybody making THAT kind of income would barely notice those kind of increases in their taxes.

Jakes Progress

(11,122 posts)
37. Golly. The Journal is right. We didn't raise taxes enough.
Sun Jan 13, 2013, 05:06 PM
Jan 2013

A single person with almost a quarter of a million a year only has to pay an extra 1%. She should be kicking in an extra $10K or so, minimum.

Greedy, out of touch assholes.

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