How Is Everyone Middle-Class?

by Patrick Appel

Last week John Avalon sympathized with families making $250,000 a year. Derek Thompson needled him in response:

I don't doubt it can be challenging to put two kids through privateschool and pay a mortgage on $250,000 a year in an expensive urbanarea, but I'm not convinced that those families' experience shouldguide our tax policy. Six million tax filers, or four percent of thecountry, bring home between $200,000 and $500,000 in cash income,according to the Tax Policy Center...