The Wall Street Journal said in 2013 the tax increase hurt families, this is the ...

[Phokus]

...info graphic they used

The way they draw their frowney faces, you'd think these people were on the lowest rung of the social ladder during the great depression.

 

[HomerJS]

Republican poor people?

 

[Paratus]

...info graphic they used

The way they draw their frowney faces, you'd think these people were on the lowest rung of the social ladder during the great depression.

Wow that really tugs at the old wallet er I mean heart strings.

If taxes keep up like this I see a BMW 7 series without an owner. A brand new Yukon without the blu-ray player.

 

[trenchfoot]

The moment I saw the amount of income these poor poor over-taxed folks rake in, I laughed and laughed and laughed, thinking with the amount of income these folks make, they must surely be smart enough to play the tax game to their best advantage to the point where they'd actually get a return rather than pay what the illustration alludes to.

This has all the markings of those idiots over at the RNC attempting to sell their usual hate and fear schtick.

 

[ivwshane]

Lol! Is this for real?

 

[Brian Stirling]

It was important to avoid anyone who's income was in the millions so they chose folks in the top 10% and moving to the top 2% -- another words, the typical American families.


Brian

 

[Sonikku]

I'm a single parent with two kids. Only making $260,000.

It ain't easy, but Obama made it even worse.

 

[Ricochet]

I really wish I was that poor.

 

[trenchfoot]

I'm a single parent with two kids. Only making $260,000.

It ain't easy, but Obama made it even worse.

There, there.....all you have to do is sell one of your Lambo's, a couple of your Beverly Hills estates and get rid of a few of those racing horses in your stable, and all will be just hunky dory.

 

[senseamp]

It is so sad We should put up a collection.

 

[Joepublic2]

I kinda want to troll but this is pretty much self trolling. I think I can take the night off.

 

[pcgeek11]

That is by far the stupidest thing I have seen in a week or more...

Talking about out of touch. WSJ sux.

 

[Sulaco]

I'm digging the poor downtrodden retired Eric Holder look-a-like...like they're disappointed they didn't get the .01% tax increase as the rest of these struggling, disenfranchised Americans.

 

[1prophet]

That is by far the stupidest thing I have seen in a week or more...

Talking about out of touch. WSJ sux.

They may be out of touch to the plebeians who happen to stumble across a copy on their quest for food but not to the actual demographics they focus on and have as subscribers.

"According to our most recent Wall Street Journal subscriber/reader profile, 60 percent are in top management; average individual employment income is $191,000; and average household net worth is $2.1 million."

https://en.wikipedia.org/wiki/The_Wall_Street_Journal#cite_note-12

 

[compuwiz1]

I remember the first year I ever made over $100k, back in 1991. (107,253 to be exact)

My boss had a year end meeting with me and said; congratulations, you just became a Republican.

 

[Double Trouble]

They may be out of touch to the plebeians who happen to stumble across a copy on their quest for food but not to the actual demographics they focus on and have as subscribers.

https://en.wikipedia.org/wiki/The_Wall_Street_Journal#cite_note-12

Was about to post this, but you beat me to it. It is ridiculously out of touch with average folks, but those numbers are pretty much in line with their readership demographics.

I remember the first year I ever made over $100k, back in 1991. (107,253 to be exact)

My boss had a year end meeting with me and said; congratulations, you just became a Republican.

 

[JockoJohnson]

WTF! Is this for real? If so, the WSJ is way out of touch. And as others have pointed out, I really do love the frowny faces.

 

[nickbits]

Can anyone find the WSJ article that used this? All I can find are articles saying how out of touch the WSJ is. I'm wondering if this is real or not... leaning towards not.

 

[OutHouse]

lol at the sad faces on the cartoon....

 

[OutHouse]

WTF! Is this for real? If so, the WSJ is way out of touch. And as others have pointed out, I really do love the frowny faces.

sure its real, the WSJ writes to its audience.

 

[Brainonska511]

Can anyone find the WSJ article that used this? All I can find are articles saying how out of touch the WSJ is. I'm wondering if this is real or not... leaning towards not.

I think if you google WSJ 2013 tax increase, you'd probably find the appropriate WSJ article, but it's behind a paywall so I can't verify it. Regardless, it looks like they're articles and posts back from January 2013 that talk about this infograph, so it's a bit dated.

I'm not exactly ready to throw a pity party for them, since they are doing quite well for themselves (and the infograph is very out of touch with the population of the US), but at the same time, people with mostly earned income in the low 6 figures have limited available tax credits and face the AMT tax (which further limits deductions; and they have to pay whichever is higher, the AMT or the standard rates) and and coupled with other expenses, such as limited or no financial aid for their kids' colleges (so paying full freight). Now, if they were making lots of passive income or had significantly more money, they could start to take advantage of the loopholes available to much higher income individuals.

 

[stockwiz]

An income of $200K puts a person in the top 3.5%. I realize that might not go that far in some of the places these people live, and that probably half the people on this forum pull in that amount, but still.. I find the graphic to be amusing.

I had no problem with Obama's tax increase as it did not affect the working class pulling in average incomes. Everyone is out for themselves after all...

 

[rpanic]

Can anyone find the WSJ article that used this? All I can find are articles saying how out of touch the WSJ is. I'm wondering if this is real or not... leaning towards not.

http://www.wsj.com/articles/SB10001424127887323689604578220132665726040

 

[dainthomas]

Why are the retired people frowning when there was no change for them?

And why would any of those kids care? Unless they're pissed mommy and daddy aren't taking them to Greece this summer. They'll probably end up slumming it in Maui or something. "You're ruining my LIFE!" (throws ipad in the pool)

 

[DrPizza]

Wtf? I got as far on that graphic as the sad single parent earning $260,000 per year. Oh, the humanity. How will she ever survive.

edit: I went further. Seriously, wtf?! $650k is middle class? Holy out of touch whoever made that graphic. "Wait. You mean $80k in taxes is middle class? OHhhhhhhh, I thought you were middle class if your federal taxes were $80k."