الجمعة، 18 يناير 2013

Who will suffer from the new tax increases?


First, look at the data in the cartoon above, published several weeks ago in the Wall Street Journal.  The numbers can be assumed to be correct.  Think about and decide where your sympathies lie.  The Wall Street Journal article notes that "the new law's effects will be highly individualized—and in some cases highly painful."

Then (if you want) you can read a rant about the WSJ article at Hullabaloo:

The Onion couldn't top this. Whether it's the sad faces of all these put-upon dejected rich people, or the elderly minority couple who is depressed despite not paying extra taxes (or was that the point?), or the distressed single Asian lady making $230,000 who might not be able to buy that extra designer pantsuit this year, or the "single mother" making $260,000 whose kids presumably have a deadbeat, indigent dad just like any other poor family, or that struggling family of six making $650,000 including $180,000 of pure passive income and wondering how to make ends meet, mockery is almost superfluous...

Beyond mockery, though, that the Wall Street Journal would even dare publish such a thing without irony is indicative of the reality that the wealthy don't live in the same country as the rest of us... They're people who see a single individual making $230,000 as struggling to get by, and severely put upon by the loss of a couple thousand dollars to help pay for decrepit infrastructure and basic healthcare for the indigent.
More at the links.

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