CBS-4 has posted a 2003 TV interview where Barack Obama says tax cuts should only go to “working families … that are making 50, 60, 70 thousand dollars a year”. This comes on the heels of Bill Richardson saying Obama’s tax relief would define middle class as “$120,000 and under” -- and just days after Joe Biden defined “middle class” as $150,000. Remember, Obama’s original promise was not to raise taxes on anyone making less than $250,000.
So, $50K for an Obama tax hike. We're almost down to the $42K level which will hit us when Obama follows through on his promise to repeal the Bush tax cuts. I predict if voters put Obama in office, before long they'll be talking about the "good ol' days under President George W. Bush."
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