I was amazed when I saw people earning $200,000 described as “the wealthy.” I have never earned anywhere near that, and I’d be really happy if I did, but I didn’t go into the type of work where that was likely. However, I never thought of these people as “wealthy” and it stuns me that suddenly not only are they the “wealthy,” but under Obama they have become the enemies of the people.
He’s not really worried about his wealthy rap, government and media buddies, and they’re not worried themselves, because they have huge amounts of money and so many deductions that their actual bite is probably lower. That’s why he wants to keep these deductions - raising taxes on the “wealthy” and defining “wealthy” as what are really simply upper middle class earners is just a way to let him and his buddies keep their stash.
“I was amazed when I saw people earning $200,000 described as “the wealthy”.”
It is a lot of money, though I don’t know about “wealthy”. There is no reason for a couple making this much money to live in NYC and complain about it; the suburbs (connected by highways, trains, and ferries) have many people living in them at a fraction of the cost while still working in NYC.
I think about how much income my wife and I have (far less than half of what these people have), then think about all of the extra money they would have to play with if they kept it simple (which apparently they don’t). I don’t want their taxes increased, but I don’t want to hear them complain either.
The 2012 election showed how few voters are left in this country that ever think they’ll even earn $100K. Every job that people put forth as “where the money is” have companies scrambling madly to either outsource the work or import foreigners to do it; the companies have no interest in paying a “market rate” according to supply and demand within the US (see tech, nursing, financial sector). People of all ages are watching our standard of living plummet, and simply didn’t believe Romney would address it (Bush certainly didn’t). It is a shame that so many think communism will help them; it never helped anyone but the upper party members.