From Fox News the tax bracket for the Obama campaign is apparently a moving target.
How Low Can It Go? Richardson Pegs Middle Class as Those Making Under $120,000
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.
Click here to listen to Richardson talk about Obama’s tax plan.
“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, according to a clip posted on YouTube.
There’s no indication that Obama has changed his tax policy, which states that anyone making under $200,000 would get a tax cut under his administration, and nobody making under $250,000 would be hit with a tax increase. Richardson actually recited that part of Obama’s plan correctly earlier in his radio interview.
With a good dose of hyperinflation, Obama will be able to achieve the goal of taxing America into a banana republic without having to continually change his promises.
Vote Obama, and we will all be millionaires!
[Small Print Mode]And a Happy Meal will cost $20k.
By: Kevin Delaney on November 2, 2008
at 10:49 am