02 Nov 2008

Defining The Rich Downwards

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Mark Steyn finds that democrats have been revising those figures of just who is “rich” and therefore eligible for Obama’s tax increases.

Just wait until after the inauguration.

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.

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