Saturday, November 01, 2008
The Obama tax hike: You may be pre-approved! [Mark Steyn]
The Obama middle-class limbo dance descends further. First, it was $250,000. Then $200,000. Just a couple of days ago, Joe Biden reduced it to $150,000. And now...
For the second time in a week, a prominent Democrat has downgraded Barack Obama's definition of the middle class — leading Republicans to question whether he'll stick to his promise not to raise taxes on anyone making under $250,000.
The latest hiccup in the campaign message came Friday morning on KOA-AM, when New Mexico Gov. Bill Richardson pegged the middle class as those making $120,000 and under.
"What Obama wants to do is he is basically looking at $120,000 and under among those that are in the middle class, and there is a tax cut for those," Richardson said in the interview...
$120,000? I'm confident Senator Biden can cut that in half by Tuesday morning. Bottom line: If you make over 30 grand, you might want to restructure yourself as an offshore corporation in the Turks & Caicos.
11/01 09:05 PM
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