Nearly all democrats insist that anyone making $250,000 a year is wealthy. They have incited anger and even violence over the issue. Venture capitalist Garrett Gruener says “I’m rich, tax me more.” Warren Buffett, one of the wealthiest men on the planet, say the rich should pay more in taxes. Never mind that the top 1% of earners pays 41% of federal taxes. Never mind that about 50% of the country pays no federal taxes at all. (For a nice breakdown on this, visit here)
Jack Spillane puts it this way:
Wealthy people like Gates, Buffet and Gruener will be the first to tell you they’ve benefited greatly from the capitalist system and that they feel an obligation to pay back.
If they feel that obligation, why don’t they pay more? Why don’t write a much bigger check?
Because anyone who says this is full of shi crap.
But never mind that either for now.
A poll revealed that Democrats think that an income of $250,000 per year is wealthy while Republicans do not.
When asked “Do you think a household income of $250,000 a year makes you wealthy or not,” Americans have a modest “Yes” bias, with 55% saying “Yes,” and 45% saying “No.”
But when broken down by party, the results are startling. Among Democrats, 67% said $250,000 counted as wealthy. But among Republicans only 33% said $250,000 counted as wealthy. (Among independents, 54% said yes and 44% said no.)
While a family of 5 which has an income of $250,000 is rich by most Democrats’ reckoning, Barack Obama has let us know that a family of three earning $172,000 is “modest.”
In an interview with The New York Times on Wednesday, President Obama remarked of his outgoing press secretary Robert Gibbs, “He’s had a six-year stretch now where basically he’s been going 24/7 with relatively modest pay. I think it’s natural for someone like Robert to want to step back for a second to reflect, retool, and that, as a consequence, brings about both challenges and opportunities for the White House.”
Poor Robert Gibbs and his modest salary. Someone who earns more than 90% of the country makes only a “modest” living.
Fortunately, Poor Robert is leaving the White House. Now he can join the ranks of others, such as Peter Orszag. Orszag left the White House to work at Citi for a cool $2 million plus per.
$172,000 per year is “modest” but $250,00 per year is wealthy? Compared to the salaries of former Obama advisors and staff, $250,000 really is modest too.
DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education.
DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed.
Except for liberals being foolish.