I’ve heard enough about this Joe the Plumber character. I guess he is supposed to embody the middle class or something. And whoever heard of a plumber who works 10-12 hour days 7 days a week? What a crock of shit.
The really ridiculous thing is that even if Joe’s business is netting $300K, he would only have a marginal increase of 3% on his last $50K of income. That comes out to an extra tax burden of $1500, or an additional .5% of his total income. I can’t believe so much time was wasted in the debate talking about how some super-rich guy would have to pay an extra 0.5% of his income in taxes. Totally ridiculous.
It will probably turn out that Joe’s business doesn’t even net $250K, so he will have no tax increase whatsoever. Talking about this joker is a total waste of time.
I doubt that Joe the Plumber resonated with many folks in this day and age. Maybe he would have played better back in the dot-com bubble when everyone was going to get rich or in the era when everyone was an entrepreneurial house flipper, but most folks today are just worried about keeping their jobs. They sure as hell won’t be worrying about some quarter-million-dollars-a-year plumber who maybe has to give up an extra day or so’s work a year to taxes.
