This comments on this Accounting Today article
pissed me off. Apparently, a married couple who earns a minimum of $250,000 a year isn't wealthy.
Yeah, the big game these people talk about how "the 65% who approved the tax increases are not among them" is pretty telling. No shit, Sherlock. In the ever-growing income gap, there's more of us than them now.
And I say this as both someone who spent the past 6 years in poverty, and as someone with two accounting degrees: regardless of where you live, a combined income of $250,000 maybe won't deem you Bill Gates wealthy, but it makes you rich. Granted, it gives you far more purchasing power and ease of wealth accumulation in Pennsylvania or Florida than California or New York, but guess what, you're still rich.
Maybe not owning car elevators and 15 iPads kind of rich, but that's a HELL whole lot more household income than what struggling couples and families are earning. Assuming the income is equally split at $125,000 each then that's still much more than what most individuals are making today, easily two to three times as much. If the income is disparate (ie, one spouse earns $50,000 while the other $200,000) then at least one of them is rich.
Seriously, I'm getting so goddamn fed up with these people who earn at least $7,000 a month after
taxes then whine about how they're not rich. If you pay $5,000/month for a nice Upper West Side apartment, buy nothing but local organic food, never take the subway, and have to have the best duds and latest electronics to keep up with the ones who ARE the 1%?
Then you're retarded with money, STFU. That's why you're always broke at the end of the month. There's a difference between being broke because you have little to no income; and having a more generous monthly income than most people and SPENDING IT ALL. There's a big difference between living paycheck-to-paycheck when you make barely $2,000 a month (or far less) after taxes vs. $7,000+ not counting rents and capital gains. I can speak from having worked at a financial services firm that there are so many people who go broke trying to keep up appearances. Yeah, for all the talk about personal responsibility that gets shoved at the people who contemplate suicide over medical bills, I think plenty of these asswipes need to show some as well.