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Gary Cohn: Taxpayers care about their own wallets, not the wealthy's
- Thread starter Saucycarpdog
- Start date
To Far Away Times
Member
Few pictures make me angrier than this one.
The attack on the typical American can not stand
Link
The Autumn Wind
Unfortunately, so is most of middle-class America. And this administration knows it. Which is why this bullshit works.
BoogieWoogie
Banned
The attack on the typical American can not stand
How can a single woman survive on only $20K a month? HOW?!?
Frozenprince
Banned
Yeeeeeep.
But hey Trump's buddies save more than I make a year in tax cuts now so good for then I guess.
CreepingFear
Member
I'd be happy making 130k, and this is living in Southern California.
Lord Fagan
Junior Member
Sounds like fuck you, got mine, to me.
legacyzero
Banned
LMAOOOOOOOO I wish my Wife and I earned more Han a half million dollars
The attack on the typical American can not stand
Mammoth Jones
Member
This is where I'm at. Took a long ass time but we're finally here. And we definitely ain't broke but not wealthy either.
I reject the notion that a minor tax cut for me will buy out my views on tax cuts for the wealthy. Fuck that. It's always been a grind but fuck that.
Damerman
Member
The attack on the typical American can not stand
classic.
my reaction everytime i see this pic:
the point of this jpg was not about trump, but how tone deaf the wealthy and the wealth mags are. this is how they view the world.
SlickShoesRUCrazy
Member
The funny thing is that trump supporters believe trump and the rest of his pieces of shit understand the working man and is one of them.
Yep- wife and I combine for a bit over 90k in CT, and I would barely call us middle class. After the mtg and my kids 700 a month preschool expense Im left with barely anything.
KernelPanic
Member
I don't know if I'd call it out of touch. I think they know they just don't care.
If you're that poor it's your own fault, but they're not giving you any more handouts.
Seems like thats the case for everyone, no matter your income. Everyone always feels that someone is taking too much and is willing to overlook endless amounts of terrible shit that politicians say/do because but he wont take too much from my wallet to help those lazy [insert group]!
Its just a terrible viewpoint to have. Goes along well with the transition of people from citizens to taxpayers.
I think that there is two things going on here.
Low income people see someone with $100K+ household income and think that they are wealthy, which obviously isn't true if you live in an expensive state and aren't well above that mark.
However, people in the middle class typically think that they are worse off than they actually are. Median household income in CT was $71k in 2015, so you are definitely middle class. Probably around the 60th percentile. The issue is that you likely know plenty of people in the Upper Middle class (top 20%, in the $140k+ household income range), so in comparison you are going to feel like you are treading water.
Which is sort of the trick that the actual wealthy always pull. Pit the middle class and poor against each other, while they reach into the tax pools and help themselves.
superdeluxe
Member
When they calculate median household income, are they considering both parents working?
It counts everyone working in a household. Which isn't always even a family. If you live by yourself in an apartment, you are still a household.
I think that the average household is about 2.5 people in the US.
About half of householders had a spouse of some type (married, common-law, etc).
A bit less than 1/3rd of the US is college aged or younger.
So figure roughly 1.5 adults, and one child/dependent per household on average. Not all of those adults work. Some of the children are adolescents or young adults and do work.
Median personal income was around $31k last year, while median household income was around $55k. Go from there.
No, I wouldn't know, please break it down in a listical to me... The best 10 things your hipster butt can spend $1000 extra free monies on.
With the iPhone X out next month, hipsters don't have that $1k to spend on Avocado toast.
facetheslayer92
Member
The attack on the typical American can not stand
Lol, who the fuck is making this kind of money? Middle class my ass.
Amibguous Cad
Member
Bear in mind, this selects for nuclear families with both parents working, which skews middle and upper class.
They mention that. Median income for the nuclear family with just the dad working was around $55k.
Of course, close to 40% of kids are raised in single parent families, typically single mothers where the median income is less than $30k.
How About No
Member
Lolmg
SchrodingerC
Member
I'd be willing to take the tax hit.
I would be content even making $100k.
SatelliteOfLove
Member
One word: Kansas
Eight more words: They know it's unpopular and expect a compromise.
Maybe, or a fishing car.
Eight more words: They know it's unpopular and expect a compromise.
Maybe, or a fishing car.
CreepingFear
Member
I'll go down to 80k.
sooperkool
Member
Happiest day of a parents life is the birth of a healthy child.
The second is the day they no longer have to pay for daycare.
Our kid starts in January. $1150cdn a month. More than our rent, my car insurance and my cell phone bill combined. Its absolutely awful. If my wife wasnt finishing her degree and we didnt ha e her tuition to pay for she would stay at home since its taking more than a whole of her pay Chequers to pay for
This picture makes me so angry. The casual $180k in investment income that we all know and love...
The attack on the typical American can not stand
Mammoth Jones
Member
Maaaaan. Shit is so expensive it's the only reason why we can't afford to have a second child.
It's ridiculously expensive 🤕
Time to save up for college!
Hasphat'sAnts
Member
The attack on the typical American can not stand
Funny thing is, the people in this infographic are the biggest losers of the Trump Tax Cut
Man I will just never understand this. I don't mean to single you out or fault you for anything, but I assume with that income you have been able to afford a reasonably comfortable home in a relatively okay neighborhood. You might have a reliable car, maybe two. You might have health insurance for everyone in your family, and you might have some amount of a rainy day fund.
That to me is wealth. Other people make it by not having any of that.
I have a six figure household (my husband makes 85k and I make 55k) and I don't even have a car. My husband owes like half of our household income in student loan debt. I think if we didn't have the debt we would be able to afford a car at least.
The attack on the typical American can not stand
Funny how the black couple makes the least amount of money in that pic.
smokeandmirrors
Banned
on the contrary, I care very much for the money they've stolen.
NoblesseOblige
Banned
I'd be happy to pay more taxes if it was going to programs that actually grow our society rather than a quarter of it going to 'defense'.
superdeluxe
Member
That's interesting. Thanks for the link!