Obama lowered it to $200,000 in his campaign ad:
Then Biden lowered it to $150,000 in this interview:
I wonder if he'll lower it to Clinton's definition of wealth:
Back in 1992, Bill Clinton also campaigned for a "surcharge" on millionaires. Cut to February 1993. Here is the lead sentence in the Reuters story about his first big economic speech after winning election: "U.S. President Bill Clinton's plan to seek higher taxes from everybody making more than $30,000 a year means even George Bush underestimated how far Clinton would take tax hikes if elected." His tax proposal ended up slapping his "millionaire surcharge" on anyone who earned more than $250,000.
If this is a campaign promise that is set in stone and isn't going to change, then you would think they'd remember the amount. You could understand Biden flubbing it (that seems to be his job), but in their campaign commercial??? Evidently it's a pretty fluid number.
BTW, Obama is knowingly misleading the public (in other words lying) when he says that those making under $250,000...er...$200,000 won't pay a penny more in taxes because he knows that when Bush tax cuts sunset in 2010, we'll all be paying higher taxes since we'll be paying at the higher 2000 rate. You can calculate your rate here, compare it with what you're paying today. Geraghty ran the numbers for a couple making $60,000 filing jointly, they'll end up paying close to $3,000 more. We're not rich but we'll be losing a couple thousand dollars in 2010. So much for only 5% paying higher taxes.
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For all the scare-mongering about ACORN, there are still Republicans out there perpetuating REAL voter fraud and REAL voter suppression and intimidation tactics. Just look at all the whining from the GOP when Gov. Crist in Florida extended early voting hours because of the long lines in his state. The Republicans were acting as if longer voting hours was a tragedy, and some even said he'd blown the state for McCain.
Then there's this little gem being passed around by Republican activists in Virginia telling Democrats to vote on Nov. 5th, the day after the election is over:
http://www.cbsnews.com/blogs/2008/10/28/politics/horserace/entry4554416.shtml
I just can't believe people are basing their entire arguments on the pampering of America's wealthiest.
Gillian, have you given all that you own to the poor? No? Does that make you "pampered" or merely a hypocrite?
I have no problem contributing a little more to my country's infrastructure, healthcare, and education.
Very seldom do we hear about people not wanting to pay for the infrastructure. Socialized healthcare? hmmm...not so much.
Education? I think that our students would be better served by doing away with the Dept of Ed, cut out the money that goes to the feds (who take a big chunk of it for administration and then offer it back to the states that gave it in the first place with lots and lots of strings attached. By cutting out the feds, the state and local boards would have much more money to work with, the local boards of education would have control of the curriculum and that which is not in the Constitution would be in the control of the states - where it belongs.
Gillian, why do you trust Obama to keep the financial promise about taxes, when he as already proven that when it's convenient, he'll break financial promises (campaign finance)?
mzellen, why do you trust mccain will keep his financial promises about taxes, when he has already proven that when it's convenient, he'll break financial promises (campaign finance)?
bush cut taxes too deeply and broadly and the debt exploded. mccain promises the same cuts and more and promises to balance the budget? analysts have already showed that mccain's plans will increase the deficit and the national debt considerably more than obama's and will continue to hurt the middle class to the benefit of the upper 2%.
AR - two words: voting record.
MzEllen: Two words: voting record. "I voted with the President 90 percent of the time." --John McCain
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