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Originally posted by nyk537**Edit to add: Or is it $150 K a year?**
[edit on 28-10-2008 by nyk537]
Definition of "Rich" Continues to Plunge
At first Obama was only going to loot those making over $250,000 per year, so that the rest might enjoy the fruits of their labor in accordance with the principles of socialists, pirates, muggers, and other wicked thieves. Then it became $200,000, then $150,000. It has now reached $120,000. According to prominent Dem Bill Richardson:
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.
The RNC comments:
At this rate, it won't take long until Obama is again raising taxes on Americans making as little as $42,000 a year.
Once these looters have consolidated power, the rich will be defined as anyone foolish enough to work for a living. Everyone else will get tax "rebates" — i.e., they will be handed your money in exchange for the political support they give Democrats.
No wonder liberals screech in outrage when the Ten Commandments are publicly displayed. They must find Thou Shalt Not Steal particularly oppressive.
Obama Voted In Favor Of The Democrats’ FY 2009 Budget, Which Would Raise Tax Rates For Americans Earning As Little As $31,850:
Obama Voted Twice In Favor Of The Democrats’ FY 2009 Budget Resolution. (S. Con. Res. 70, CQ Vote #85, Adopted 51-44: R 2-43; D 47-1; I 2-0, 3/14/08, Obama Voted Yea; S. Con. Res. 70, CQ Vote #142: Adopted 48- 45: R 2- 44; D 44- 1; I 2-0, 6/4/08, Obama Voted Yea)
The Democrats’ Budget Would Raise Taxes On Individuals Earning As Little As $31,850. “Under both Democratic plans, tax rates would increase by 3 percentage points for each of the 25 percent, 28 percent and 33 percent brackets. At present, the 25 percent bracket begins at $31,850 for individuals and $63,700 for married couples. The 35 percent bracket on incomes over $349,700 would jump to 39.6 percent.” (Andrew Taylor, “Presidential Hopefuls To Vote On Budget,” The Associated Press, 3/13/08)
NOTE: Obama’s Vote For The Democrats’ Budget Is At Odds With His Rhetoric On The Campaign Trail, Where He Claims He’ll Provide Tax Relief For Working Americans. Obama: “I’ll give a tax cut to working people …” (Sen. Barack Obama, Remarks At A Campaign Rally, Denver, CO, 1/30/08)