Woe is the top 10 percent!

I don’t begrudge people making a lot more money that I make, but why is it that when papers like Rupert Murdoch’s Wall Street Journal illustrate the impact of the recent tax change on certain income groups exceeding mine, the people look so miserable?


I mean, really! If I were making as much as anyone in this chart, I’d have a pretty big smile on my face. Wouldn’t you? Or am I really that out of touch?

These people look like Bob Cratchit and family waiting for Scrooge to deliver the Christmas goose. Even the people paying no extra taxes look miserable.

As Brad DeLong says:

Just how many female-headed single-parent families with two children under 10 are there in the United States making $260K/year, anyway?