Bill Richardson Lowers Obama's Tax-Hike Ceiling to $120K!

First Obama told Joe the Plumber unless he made $250,000 or more, he wouldn't have to worry about a tax hike in his plan to "tax the rich 5 percent" and give the other 95% a tax cut. Never mind that 40 % don't pay any income taxes to start with. Obama don't do math, he does politics. Then the "rich" threshold magically dropped to $200,000 in an Obama campaign ad. Then Joe Biden drops it to $150,000. Now Obama campaigner Bill Richardson drops it again to $120,000.

But let us not forget that Obama also promises to repeal the Bush tax cuts, which means you'll be getting a massive tax hike if you make as little as $42,000. That's change you can believe in. Spare change to rattle in your pocket after Obama takes all your folding green for his Socialist programs.