Obama Is Already Defining "Rich" Downward (Now it's $200,000 a year)

moonbattery.com ^ | October 28, 2008 | Van Helsing

[Tejava]

Youtube of Biden. It is now $150,000. This of course does not include the elimination of the Bush tax cuts.

http://www.youtube.com/watch?v=zAEE1_IUycs

[mjp]

already the mark has been moved down to $200,000

to pay for socialized medicine it will have to be moved down to $1.00.

[manapua]

It's so frustrating. I remember studying the horrors of Carter-era tax bracket creep back in my uni days and now we're about to get a firsthand look at it.

Biden's speech today wasn't a slip. Remember that it wasn't long ago that VP Gore argued with a straight face that individuals with 100K incomes were rich - I'm not kidding here: his argument was that "in 10 years they will have earned a million dollars."