A staple of the Obama economic plan has been increased taxes on the “rich”, or those earning $250K or more, and providing tax cuts to 95% of Americans workers.
Joe Biden then told us “rich” was those making more than $150K a year :
Former Democratic presidential candidate Bill Richardson recently gave us yet another perspective on Obama’s “spread the wealth” plan :
The bar is getting awfully low on the definition of “rich” under Obama’s economic plan. As each day goes by, more and more hardworking middle class Americans are being told by Obama and his party that they too have silver spoons in their mouths. That they too are among America’s rich, and will pay more taxes.
I don’t believe this is the change that they need.