Friday, October 31, 2008

Obama Taxes:$250,000 $200,000 $150,000 $120,000 $42,000

-Gov. Richardson:"What Obama wants to do is he is basically looking at $120,000 and under among those that are in the Middle Class"
[http://elections.foxnews.com/2008/10/31/low-richardson-pegs-middle-class-making/]

-Last week Biden identified the level as $150,000. This is interesting since both had no problem taxing folks who earned $42,000. So, what is the real amount going to be? Who exactly can expect a tax increase??

http://www.disboards.com/showthread.php?t=1996353&referrerid=93883

$250,000 $200,000 $150,000 $42,000

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Which is it? Obama keeps talking about anyone whose income falls below a certain level will not see a tax rise, but the level keeps changing. First it was $250,000 and below, yesterday in his 30 minute commercial it was $200,000 (guess he thought no one would notice the extra $50,000), and last week Biden identified the level as $150,000. This is interesting since both had no problem taxing folks who earned $42,000. So, what is the real amount going to be? Who exactly can expect a tax increase??

Gov. Richardson:"What Obama wants to do is he is basically looking at $120,000 and under among those that are in the Middle Class"

http://elections.foxnews.com/2008/10/31/low-richardson-pegs-middle-class-making/

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.

FOXNews.com

Friday, 2008-31-305

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.
Gov. Richardson:"What Obama wants to do is he is basically looking at $120,000 and under among those that are in the Middle Class"
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.

But Sarah Palin accused Obama of shifting the threshold Friday afternoon at a rally in York, Pa.

"So now we're down to less than half of the original income level," she said, citing Richardson's interview. "We can't let this happen."

And the Republican National Committee quickly blasted out an e-mail saying, "At this rate, it won't take long until Obama is again raising taxes on Americans making as little as $42,000 a year."

"When Barack Obama comes to your door this Halloween, there will be no treats -- just taxes," the e-mail said.

Joe Biden caused headaches for the campaign Monday when he told a Scranton, Pa., TV station that Obama's tax break "should go to middle class people -- people making under $150,000 a year."

John McCain said the tax threshold was "creeping down," while the Obama campaign accused him of lying about Obama's tax policies

1 Comments:

At 12:23 PM, Blogger ArmandV said...

According to Gov. Bill Richardson, it is now down to $120,000.

 

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