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Los Angeles Times
Los Angeles Times
Business
Michael Hiltzik

Michael Hiltzik: Wall Street Journal tells us to weep for the plight of the very, very rich

Coverage of the richest Americans in publications aimed at their tax bracket tend to fall into two genres.

One is stories claiming that income well into six figures doesn't make them really "rich." The other involves hand-wringing and whining about their (purportedly) ruinous tax bills.

An editorial last week in the (of course) Wall Street Journal may stand permanently, or at least until the end of recorded time, as the Platonic ideal of the latter genre.

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