401k and other retirement plans: have you raided yours yet?

[The Brain]

Great, a Murdoch rag.

[Neil]

Speaking of changing financial situations, here's a WSJ illustration of the impact of the changes in US taxes:

All those people are still taking home $150 grand after taxes, which is pretty comfortable.  "OMG!  20k more in taxes!" sounds bad, but then they undermine their scare tactics by pointing out that Married Couple still clears almost half a millions dollars a year.

[merithyn]

Speaking of changing financial situations, here's a WSJ illustration of the impact of the changes in US taxes:

All those people are still taking home $150 grand after taxes, which is pretty comfortable.  "OMG!  20k more in taxes!" sounds bad, but then they undermine their scare tactics by pointing out that Married Couple still clears almost half a millions dollars a year.

Not only that, but why didn't they show the couple as only bringing in $180,000 - $250,000 like the other situations? I mean, Anyone making over $650,000 is going to pay a higher tax regardless of their marital/familial status. It's ridiculous.

[DGuller]

Speaking of changing financial situations, here's a WSJ illustration of the impact of the changes in US taxes:

All those people are still taking home $150 grand after taxes, which is pretty comfortable.  "OMG!  20k more in taxes!" sounds bad, but then they undermine their scare tactics by pointing out that Married Couple still clears almost half a millions dollars a year.

Not only that, but why didn't they show the couple as only bringing in $180,000 - $250,000 like the other situations? I mean, Anyone making over $650,000 is going to pay a higher tax regardless of their marital/familial status. It's ridiculous.

Maybe they used the examples their readers could identify with.

[mongers]

Is this a representative sample? 

You mean the average American adult doesn't have an investment income of $49,000 per annum.   

[merithyn]

Speaking of changing financial situations, here's a WSJ illustration of the impact of the changes in US taxes:

All those people are still taking home $150 grand after taxes, which is pretty comfortable.  "OMG!  20k more in taxes!" sounds bad, but then they undermine their scare tactics by pointing out that Married Couple still clears almost half a millions dollars a year.

Not only that, but why didn't they show the couple as only bringing in $180,000 - $250,000 like the other situations? I mean, Anyone making over $650,000 is going to pay a higher tax regardless of their marital/familial status. It's ridiculous.

Maybe they used the examples their readers could identify with.

Heh. Well, I'm certainly not their targeted audience, or they'd all be making less than $50k. 

[The Minsky Moment]

Is this a representative sample? 

It's representative of the class of people most likely to be affected by the change in the top marginal rate and the changes in treatment of investment income.
(and of the WSJ's target demographics . . . )

[Martinus]

I'm now spending a lot of my savings on the interior of my new flat.

[The Brain]

Foot?

[Liep]

I don't think I can access those money before the age of 68, or 70 or whatever they raise the pension age to when I get around to being old.

[Barrister]

I don't think I can access those money before the age of 68, or 70 or whatever they raise the pension age to when I get around to being old.

Maybe you can't, but they sure can...

[Ed Anger]

HOW IN THE FUCK DID THEY FIND MY FAMILY PORTRAIT?

[Valmy]

I have to say if I was making $35,000 in investment income every year I would be pretty jolly.

[Razgovory]

Those guys look pretty sad for the cash they are bring in.

[derspiess]

I have to say if I was making $35,000 in investment income every year I would be pretty jolly.

Maybe not if you were a day-trader