Thursday, October 30, 2008

Obama Changes His Tax Plans Yet Again!

Obama has already changed his tax plan, sliding the income level down.

In his glowing, but ineffectual, 30-minute political ad last night, Obama told us that people with incomes below $200,000 will get a "tax break."

Last week, that number was $250,000.

Sen. Joe Biden, earlier on the same day, announced that the level would be $150,000 in order to get a tax cut. Of course, the Obama campaign and the news media decided that it was just a "Biden gaffe," not a reflection of Obama policy.

But, one has to (or should) ask, if he is already dropping the level at which you are "wealthy," how low will that threshold go after the election?

According to some reports, Obama has supported increasing taxes for incomes as low as $42,000.

The good news, I guess, is that you are getting closer to being rich every day; I'll bet you didn't even know it.

Like McCain said, when watching a television "infomercial," let the buyer beware.

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