Vice President Biden thinks he’s in the middle class, even though his income far exceeds the $250,000 threshold President Obama set for raising income taxes on the rich.
According to his 2011 tax returns, Biden and his wife Jill had an adjusted gross income of $379,000 last year. And that, Biden siggested Tuesday in remarks to the National Council of La Raza in Las Vegas, puts him squarely in the middle class:
For middle class folks like me and most of you, owning a home is maybe the single most consequential element of our existence to be able to provide for our families.
Here’s some video of Biden’s remarkable claim, in which he suggested rich guys like Romney don’t understand common men like him who are only making close to $400,000 a year:
If Biden feels he is middle class, it may be due to his apparent inability to manage his finances.
According to a Dec. 1, 2011 report by the Center for Responsive Politics, Biden actually has a negative net worth.
On the other end of the Obama administration’s net worth spectrum are Vice President Joe Biden and Secretary of the Interior Ken Salazar. Both had enough liabilities to place their estimated worth in the negative.
Biden’s low estimated net worth is a result of relatively small income from assets and six liabilities which totaled an average of $337,000. These include mortgages and home equity loans with a bank in his home state of Delaware, two lines of credit and a loan borrowed from his life insurance policy.
But if Biden considers himself middle class, Obama certainly does not. Obama’s proposal to jettison the Bush tax cuts for “the rich” pertains to those making more than $250,000 per year – whether they have somehow lost all their money or not.
203 thoughts on “Biden Considers his $379K Income Middle Class”
OK so Joe is middle class. With an income of $379,000 that must mean that we have either runaway inflation, a country with no poverty, zero unemployment, or he is delusional. There is a predetermined poverty line, so that means everyone who makes less than $150,000 must be poor.
I don’t know why he would want to claim a middle class ranking when he was bragging about he nor his family never working a blue collar job in their lives and those who do are dirtbags.
Just remember that he had to end his presidencial campaign because it was found he was guilty of plagiarism. Not a lot of GOOD original thoughts from the man. Old Joe is not a very intelligent human being. In fact I would dare to say the man is a moron.
what an a-hole
“For middle class folks like me and most of you, owning a home is maybe the single most consequential element of our existence to be able to provide for our families.”
So why are you and your boss making it nigh to impossible for mature American citizens who’ve never abused illicit drugs and don’t have a criminal record to find a job by giving tax breaks to employers who hire certain foreign nationals, “at-risk” youth, former felons and drug users?
People believe that Joe Biden accepted the position as Vice President in order to serve the citizens of the United States. Ah-ha! fooled ya; he’s really honing his skills as a comedian for a side kick spot on the Jay Leno show. This guy is always good for a laugh!
What a moron.
Good ol lunch box Joe the dumbest man in the senate for 35 years!
And I have to LOL at my boneheaded liberal democrat friends… Joe rode the train to go to work for decades! Gee, what a sacrifice. Never mind he rode in the first class section and it cost taxpayers $120 dollar a day round trip! Wow, what a guy… sitting in a big plush chair with a shrimp cocktail and a gin and tonic on our dime! Heaven forbid train riding Joe should have to drive his own car why not commute in class!!!!
The modern day democrat party has become the party of miscreants, misfits, useful idiots, ignoramuses, and the party of what have you done for me lately steal money from someone else and give it to me… LOSERS!!!! How any self-respecting American man can be a part of these p o s is beyond my comprehension.
AGREED!!!
And he’ll get a nice pension, have his health care paid for by US….Even then, his pension will be far above the middle class level. Poor guy! Can’t wait to see him in a debate.
Does anyone listen to Joe Biden except for commedy? Biden must be a very poor money manager if he thinks $379,000 is middle class. I have never made more than about 10% of that and my wife another 10% and we believed we were middle class. I guess we were poor.
Liberal do as i say not as i do elitist bstrds. Obama say global warming planetary threat and we’re all supposed to ride scooters to work… then he jumps on a 747 to go for Valentines’ Day dinner with his wife at their favorite restaurant in Chicago. 30,000 gallons of fuel burnt for a steak! the rest of us little people are supposed to sit around with sweaters on in the winter and change our light bulbs while barry’s wife takes their daughters shoe shopping in paris and london jetting around on air force two a 757. screw these people… these elitist hypocrites… i despise them!
I’m not at all surprised that Biden talks like an idiot…just consider his audience.
You know what is crazy? If I, the “everyday working Joe”, were to run (provided I could raise the millions to do so) for president, I would be laughed at by the majority of idiotic Americans who voted for this lunatic. Never mind that I always do the right thing, pay my taxes, run a business, raise a decent and moral family, and very seldom say anything so stupid as this idiot. Americans are stupid!!! It’s becoming more obvious every single day. No normal, red-blooded American will ever occupy the White House again.
When it comes to the hard realistic truth of the matter, the fact that we have allowed just everyone who has won the “born in the US” lottery to vote. What have we gained from that other than almost half of the US electorate not paying taxes, the election of idiots to public office….see Joe Biden as an example, the empowerment of groups which do not vote in the best interests of the nation but for a group, run away national debt to pay for the entitlements of those groups, etc, etc, etc. We sometimes think the Founding Fathers were very wise men when they first started this nation and had much stricter voting qualifications than we do now. What is wrong with requiring people to have an educational standard in order to vote? What is wrong in only allowing taxpayers and veterans of national service also as a requirement? “Oh, but that would discriminate.” they say. Perhaps with a little more discrimination, we might not be in the condition we are now in.
You are sooooo right!!
Biden is so out of touch with reality, that he is the perfect second banana to obozo, our clown in chief.
And Biden’s comment reminds me of a person that thought that Jeremy Lin, basketball player, was making chump change while playing in the NBA before signing his new multimillion dollar contract.
Seems we have too many people that have no base in reality.
The word is “suggested”, not “siggested”. Spell check catches the majority of misspellings.
Oh, oh. The spelling Police are back.
Biden, eh? Wonder who will be B.Hussein’s choice to take his place if, and that’s a big if, he gets re-elected.
Biden’s $375K puts him in the upper end of the real middle class. He’s such a raving @ss that he’ll say anything, anywhere, to anyone in the hopes of getting a vote.
of course that doesn’t count the tax free annuities he receives from the Railway Workers Union for his AMTRAK kickbacks or the rental income he gets on the second structure he charges the SS the maximum amount he can charge to occupy it as rent
Biden’s $379K puts him in the upper end of the real middle class. He’s such a raving @$$ that he’ll say anything, anywhere, to anyone in the hopes of getting a vote.
WOW – and he says that other are out of touch – he and his boss are totally out of touch – not just because of their income but because they have never worked for a living – both have always been politicians with no contact with the real world
We need real people with real experience in actually solving problems – not just making up stories to tell today that they leave behind tomorrow Romney may be richer than either but he is MUCH more in touch with the real world than either Obama or Biden
This stupid $250K argument just infuriates me. There is no $250K tax bracket unless Obama wants to completely rewrite the tax codes. Biden, on the other hand needs to have the tax code bound into a single volume and hit repeatedly upside the head.
Sorry Joe, you are in the highest tax bracket, so that almost automatically puts you in the 1%-5% category.
This is the most sorry excuse for a VP ever! His boss just declared any one that makes $250K as wealthy. Biden, you are such a stooge! Larry, Moe and even Curly could do your job better! Can anyone even begin to imagine this knucklehead becoming President if something happens to BO? How frightening is that???
Regardless of whether you agree with his politics or not, this clown is the worst Veep ever! And that includes Spiro Agnew. I just hope he never needs to replace Obama, even for a day.
Uhm. 379K puts Mr. Biden in the top 1% of income earners.
Biden is a complete azzwipe and we all know it. Obama picked him for VP because he knew he didn’t have to worry about what he did or said since we all know how stupid he is.
Seriously, this is so low income – what a joke! What low life circles is this clown running in?
Pingback: Biden Considers his $379k Income Middle Class | Meridian Alliance
Hey, “BLE” or “Biden’s Last Erection” any time you feel compelled to really, truely value the plight of “average” America, let’s you and I trade positions for the remainder of your political career, which ought to be just about 5 months. Then, for giggles, you live on MY retirement and I’ll live on yours and we’ll compare notes in an OpEd in the WSJ. Just let me know when you will be arriving.
Biden, the gift who never quits giving.HE is the joke! His income will be cut to zero soon. He is a zero already. and just think, this buffoon is “a heartbeat” away! 1/20/13…the end of an error…!
Pingback: POLITICSABC … | Meridian Alliance
can you believe this guy? people who vote for this ticket have to have their heads somewhere where the sun don’t shine.
It’s amazing that the moderators on the White House videos will not allow negative comments on the youtube site.
Proves the guy is totally clueless as to what middle class really is.
If Biden Makes anything over $25,000 /Yr he is grossly OVERPAID … MORONS are not worth anywhare what he is STEALING for Impwrsonating HOMO SAPIENS…This Baffoon is a 100% JOKE!
Here he goes again. Two weeks ago, he said, “I have never been middle class. I never carried a lunch box.”
Keep it up Uncle Joe. You think you are winning the blue collar class?
BIDEN IS ONE STUPID SOB. HE’S NOT WORTH 25K A YEAR. I WOULD LIKE TO SEE HIM LIVE ON THAT.
Pingback: Meridian Alliance
Middle of what, exactly? Beverly Hills? What a psychotic.
If you can’t get rich earning 379k per year then you’re stupid.
Of course a person would have to average 379k over a reasonable length of time to get rich. It’s my impression that Vice President Biden has been in the top 1 or 2 percent of all wage earners for a considerable period of time and therefore should be a wealthy man.
What’s your impression? That 379 “ain’t that much”?
Or that he’s a dummy??
Pingback: Wednesday Afternoon Grumpy Daily Headlines | Grumpy Opinions
This man is such an embarrassment. First of all, he’s held public office for his entire adult life. He has lived that parasitical existence for nearly 40 years. He has earned nothing of his own, created nothing, and has never really worked for a living. When he leaves office in Januray of 2013, his pension will be obscene. The only thing old Joe likes about the working man is that he likes to see him work. Then he taxes him into poverty. Romney actually worked for a living and created wealth for himself, his company, and investors. He and Bain did such a good job of it that billions in public pension funds are invested in Bain Captial. They have done well for policeman, firefighters, and yes, teachers. The teacher unions in this country should thank Romney and Bain. Instead, the go hog wild after him and Bain without realizing that they are hurting themsleves in the process.
he is a jack-ass of a vice-president. He’s about as stupid as they come!
Joe Biden, aka “the white house court jester”……..
I wish I was as “middle class” as he is.
Why am I supposed to be more worried about what Romney does with his money than what Barak and Joe do with mine?
10 years ago I said this man was a stupid boob. He has done nothing to enhance my opinion. He is phony as his hair plugs and twice as stupid.
I have been retired for two years from teaching in a rural Louisiana public school system. I never made more than $45,000 a year and always paid half of my retirement fund and half of my hospitalization. I did consider myself part of the middle class and still do even with the reduced retirement income. WOULD SOMEONE PLEASE TELL THIS FOOL BIDEN THAT HE IS MORE FULL OF MANURE THAN THE NEW YORK SEWER SYSTEM!!!! I wish I had his salary for just one year, I would be set for life with no bills other than my regular utilites and food. BUT, it has become typical of Obama and members of his administration to tell big lies and expect us to be stupid enough to swallow all of it.
If we Americans can find a distinction between 1000 different cheese and 10,000 different wines, then we can make better distinctions between Middle Class, the Wealthy, and the Super Wealthy! $250k is NOT RICH when you’re born in and live in California, or NY, or Mass for example. $250K is NOT RICH when you have massive student loans to pay back, an unfairly ballooned 30 year mortgage payment that is underwater because of other people’s grand stupidity. $250K is NOT RICH when you are raising a family and have to pay stupid money to send them to private school because the public school system is dangerous and has utterly failed the American people! $250K IS NOT RICH, when you pay massive State and Federal taxes, FICA taxes, Sales Tax (nearly 8% in CA!), property taxes, gas taxes, corporate taxes, and now a ridiculous double taxing DEATH TAX! We people working hard and on the bubble are getting gamed by all sides. Remember, history has proven – TAXES ARE THE ADDICTION OF TYRANTS!
It looks like Biden might have received loans that we really didn’t qualify for – how else could have accumulated the debt he has. I guess as a “middle class” public servent in Deleware that maybe it comes with the territory?
If we Americans can find a distinction between 1000 different cheeses and 10,000 different wines, then we can make better distinctions between Middle Class, the Wealthy, and the Super Wealthy! $250k is NOT RICH when you’re born in and live in California, or NY, or Mass with such ridiculous cost of living! $250K is NOT RICH when you have massive student loans to pay back, an unfairly ballooned 30 year mortgage payment that is underwater because of other people’s grand stupidity. $250K is NOT RICH when you are raising a family and have to pay stupid money to send them to private school because the public school system is dangerous and has utterly failed the American people! $250K IS NOT RICH, when you pay massive State and Federal taxes, FICA taxes, Sales Tax (nearly 8% in CA!), property taxes, gas taxes, corporate taxes, car registrations, tolls, use fees, and now a ridiculous double taxing DEATH TAX! $250K is NOT RICH when our 401k’s are decimated by the failed economy and that Social Security fund we’ve been paying into all our lives will be insolvent by the time we retire because crooked politicians have raided the fund to pay for other projects. We people working hard and on the bubble are getting gamed by all sides. We are being charged the MAXIMUM possible for everything in the worlds and are given the MINIMUM possible in interest and returns for our efforts. Remember, history has proven – TAXES ARE THE ADDICTION OF TYRANTS!
Gee, I guess I’m in the lower class then. Can I get some of that middle class cash?
OLD BIDUMB HAS NO CLASS NO CLASS AT ALL,JUST AN EMPTY SHELL OF STEAMING CRAP
didnt Joey Biden have a labotomy some time back?
Joe Biden is I am sorry to say mentally challenged. He does not have a clue what being an American means to the citizens of the USA. He has been a scumbag politicians for so long he no longer functions as a human being. All of the stupid things he says demonstrates just how screwed up his mind operates. Joe needs to go to a home for the feeble minded as he has been on the dole for so long he no longer can function as a normal person.
Comments are closed.