Thursday June 26, 2003

THINKING IT THROUGH. The mystery of Lileks is solved: his wife lost her job. As one who has suffered the vagaries of the job market, I sympathize. It must make it that much harder for him that he has that large, comfortable house to maintain. And all the latest Mac gear, and a great home entertainment center. It'll be hard keeping all that together on one nationally-syndicated columnist's salary...

On second thought, fuck that asshole.

Favorite lines: "The woman who comes in once a week to do the woodwork: she’s hosed. The guys who mow the lawn: well, they’re in luck, because I’ll be damned if I push a mower up the hill. But otherwise, it’s time to cinch the belt..."

THINKING IT THROUGH II. Instapundit feels for Lileks and directs you to his Tip Jar. I mean, the suburban columnist's wife has just lost her job, folks! She's a well-connected lawyer, so who knows when she'll work again?

If your heart bleeds for them, prepare to bust out crying like a little girl for America's super-rich. Information from the IRS, reported by the New York Times, tells us that "the 400 wealthiest taxpayers accounted for more than 1 percent of all the income in the United States in 2000." The Four Hundred have more than doubled their cut of the American pie since 1992. But at the same time, "their taxes grew at a much slower rate, from 1 percent of all taxes in 1992 to 1.6 percent in 2000." They also paid a lower rate on their taxes in 2000 than in 1992.

Now, this is where some ombudsman, real or self-appointed, says, "Class-warfare! Tone it down with some Republican talking points!" And so the Times' report contains this demurrer:

Those same numbers can be read to show that the wealthiest, as a group, bore a disproportionate share of the overall tax burden -- 1.6 percent of all taxes, vs. 1.1 percent of all income...

Break out the facial blotters. Once again, the rich are soaked! Too bad the Times didn't run a Tip Jar for the Four Hundred with the story. Then again, I imagine we've all been hitting their Tip Jar for quite some time.