Joe The Plumber

A person that either:

1) protends of being every day lower to middle class yet makes a butt load of cash ($250k+).

2) is unclear on the concept of taxable income versus business revenues (one is taxable, the other is not the value to which your taxes are based). Joe Plumber fails to realize if he collects $250k for his services, he is only taxed on the profits which are assuredly far less that $250k.

Example 1:
Joe the Plumber: Hey man, these taxes stink. I made $260k last year and because of Obama, I had to pay slightly higher taxes on the $10k above the first $250k.

Joe Six Pack: Yeah, that's rough. At my house we are having squirrel stew since we can't afford food.


Example 2:
Joe the Plumber: Damn, I made $260k last year and now I gotta pay more taxes.

Joe Bag-o-donuts: You made $260k? How come you don't have a house, sweet ride, or hot wife?

Joe the Plumber: Oh well, that's just what I collected. I only brought home like $40k.

Joe Bag-o-donuts: You suck at math.

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