What's Wrong with the National Press, #548

From the NYT:

The Palins reported taxable income in 2007 of $166,080, consisting largely of Ms. Palin’s salary as governor. . . in 2006, the couple reported taxable income of $127,869, which consisted mainly of Mr. Palin’s income from BP Exploration Alaska and an income of less than $5,000 for Ms. Palin from the State of Alaska before she was elected governor. . . . Yet for a couple with modest incomes, the Palins have amassed a sizable portfolio that consists mainly of retirement investments and real estate.

Such incomes place the family at over three times or over two times the median family income, respectively, and firmly within the top 20% of all households nationally. But for Leslie Wayne and her editors at the NYT, these are "modest" incomes.