Posted on 10/31/2008 11:03:54 AM PDT by fidelio
This morning, New Mexico governor Bill Richardson, and enthusiastic supporter of Barack Obama, continued the downward ratchet of the level of income at which Barack Obama intends to confiscate income.
Obama started at $250,000, then said $200,000.
Joe Biden then dropped the bar to $150,000 three days ago.
And now, Bill Richardson is telling us that anyone making over $120,000 will be penalized by an Obama administration.
(Excerpt) Read more at politicswest.com ...
Is that household AGI?
By the standards of the Third World, anyone who is not starving is rich.
It’s going to be a lot lower after he is sworn in as president.
“Mark my words,” as Joe Biden would say. This time next year, the word ‘RICH’ will be defined as anybody who still has money in his wallet a week after payday.
I think you’re right. The context to this would nice before we jump all over it. 12 seconds is not a lot to go on.
No kidding!
By the way....love your home page. :^)
No surprise here!
Congress earns on average $165,000, I think. The definition of “rich” will be over that, you betcha.
“I wonder what the final figure will be.”
Vote for him and find out! That’s teh only way!
Clearly, Hussein meant it when he said he wanted to redistribute the wealth.
That nose on Bill is starting to look like a—never mind.
I’m voting for Obama now. He’s not even elected yet and I’m getting richer by the day.
The incredible shrinking income level at which Obama will tax you.
Heh. No thanks.
250K per married couple means 125K per married person.
And they are still lying because...
1. When they let the Bush tax cuts expire it will raise everyone’s taxes.
2. When he doubles the capital gains tax it will tax anyone who sells any asset they own.
3. When he gets rid of the SS cap anyone making over 95k a year will have that addition money over taxed for Social Security.
4. When he taxes the crap out of corporations, the companies will pass that on to the consumer as well as not create as many new jobs and new wealth (kind of a lose lose proposition).
5. By the time everything is said and done anyone who makes more than his brother in Kenya will be classified as rich by Obama.
The New York Times has it down to $100,000:
http://www.freerepublic.com/focus/f-news/2120951/posts
I want to take an option on $50K. Anybody want to take the opposing position?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.