Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama's tax-cut threshold shrinking?: $250,000, $200,000, now $150,000
WorldNetDaily ^ | October 28, 2008 | Drew Zahn

Posted on 10/28/2008 1:22:20 PM PDT by MountainLoop

A new video advertisement released by the Obama campaign says the candidate's promised tax cuts are for citizens making less than $200,000 a year, not the widely reported figure of $250,000. Adding to the confusion, Obama's running mate, Joe Biden, said in an interview yesterday the cuts are for even fewer people, limited to incomes of $150,000 or less. Depending on the source of information, just who will have their taxes raised and who will have them cut under Obama's plan varies. The campaign's homepage, for example, accessed today, reads, "Obama said he wanted to give a tax break to all families making under $250,000 per year, which he said was 95 percent of American workers." Yet in the "Defining Moment" ad released on YouTube last week and viewable below, Obama says the tax cut "for 95 percent of working Americans" is only for those who make less than $200,000 per year.

(Excerpt) Read more at worldnetdaily.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: 2008; antichrist; obama; socialism; taxcuts; taxes
Navigation: use the links below to view more comments.
first 1-2021-4041-43 next last

1 posted on 10/28/2008 1:22:26 PM PDT by MountainLoop
[ Post Reply | Private Reply | View Replies]

To: MountainLoop

They just can’t stick to one thing.


2 posted on 10/28/2008 1:24:00 PM PDT by wastedyears (Quiet by nature, standing tall)
[ Post Reply | Private Reply | To 1 | View Replies]

To: wastedyears

It will drop to $50k shortly after election day, if they win.


3 posted on 10/28/2008 1:25:10 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
[ Post Reply | Private Reply | To 2 | View Replies]

To: MountainLoop

It’s the old bait and switch method...keep talking Biden.


4 posted on 10/28/2008 1:25:27 PM PDT by Snappy1MarineMom (Don't Blame me I voted for Keys)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MountainLoop

This needs to go out in a commercial and a press statement of some kind with Joe the Plumber’s words about it being 250,000 one day and then what the next


5 posted on 10/28/2008 1:25:41 PM PDT by volslover
[ Post Reply | Private Reply | To 1 | View Replies]

To: wastedyears
The real numbers have always been $25,000, $20,000, and $15,000.
6 posted on 10/28/2008 1:26:05 PM PDT by GunsareOK
[ Post Reply | Private Reply | To 2 | View Replies]

To: MountainLoop

http://www.freerepublic.com/focus/search?m=all;o=time;q=quick;s=$250,000

in case you think somebody missed it...


7 posted on 10/28/2008 1:26:28 PM PDT by xcamel (Conservatives start smart, and get rich, liberals start rich, and get stupid.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bamahead
It will drop to $50k shortly after election day, if they win.

And to $25K by January.

8 posted on 10/28/2008 1:26:44 PM PDT by MAexile (Bats left, votes right)
[ Post Reply | Private Reply | To 3 | View Replies]

To: All

Liar Obama, people need to wake up from their kool-aid stupor and see who they are really supporting here, a liar and deceiver. Thanks God that us FReepers can see through the smoke and mirrors. These are the people (sheeple) that will follow the antichrist in the end times, the ones that will be deceived-—now I can see how that could really happen-—this is just a dress rehearsal of what’s to come.


9 posted on 10/28/2008 1:28:36 PM PDT by LegalEagle61 (If you are going to burn our flag, please make sure you are wearing it when you do!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: GunsareOK
All you need to know is the break point for Social Security ~ that's where folks living on pensions and savings have to pay taxes on their Social Security income.

If you are below that point they'll give you a tax cut of about $500. If you are above that point they'll leave the tax rates and conditions unchanged from that point to about double that amount.

Folks from the doubling point on up will be taxed into penury, sent to camps, and turned into cheap, untanned leather sent to China to be turned into Gucci purses.

No one in his right mind can possibly vote for Obama.

10 posted on 10/28/2008 1:29:52 PM PDT by muawiyah
[ Post Reply | Private Reply | To 6 | View Replies]

To: MountainLoop
I believe he's also weasel-wording those numbers; that's household income, meaning two wage earners. Divide by two for single wage-earner threshold.
11 posted on 10/28/2008 1:30:07 PM PDT by Steely Tom (RKBA: last line of defense against vote fraud)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GunsareOK
That's the way Clinton did it in '93. In his campaign, he started out talking about a tax cut. Then after the election it switched to a tax increase, but only on "the rich". By the time Clinton and the 'Rat Congress got through, anyone making over about $22,000 ended up paying more in taxes. I guess that was the 'Rat definition of "the rich", 22 bills a year.

Elect 'Rats, and you get a tax increase. It's what they do. They will never change. I don't understand why the stupid sheeple can't get that through their stupid heads.

12 posted on 10/28/2008 1:30:12 PM PDT by chimera
[ Post Reply | Private Reply | To 6 | View Replies]

To: Snappy1MarineMom

Sad thing is a lot of people have already voted. NOW the news is getting out. I hate the media.


13 posted on 10/28/2008 1:31:14 PM PDT by ladyvet (WOLVERINES!!!!!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: MountainLoop

If you take that $150,000 figure and spread that out over the four years of an awful Obama presidency, you will get taxed for making about $102/day. This is a little more than what the average person might make, but it shows how sneaky the numbers are.


14 posted on 10/28/2008 1:31:21 PM PDT by truthingod
[ Post Reply | Private Reply | To 1 | View Replies]

To: MountainLoop
0bama has voted for tax increases no less than 94 times.

I rilly rilly rilly believe he's going to lower taxes when it's to raise money for his budget and his pet pogroms...

15 posted on 10/28/2008 1:31:30 PM PDT by null and void (Socialism doesn't work because of people./People don't work because of socialism...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MountainLoop

Funny how we have to commit to a candidate based on what he says, but he doesn’t have to commit to what he says.


16 posted on 10/28/2008 1:31:53 PM PDT by ctdonath2 (I AM JOE THE PLUMBER!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LegalEagle61

Obama is such a pathological liar, I want to say “Yeah, that’s the ticket” every time he opens his mouth.


17 posted on 10/28/2008 1:33:25 PM PDT by autumnraine (Churchill: " we shall fight in the fields and in the streets, we shall never surrender")
[ Post Reply | Private Reply | To 9 | View Replies]

To: null and void

Yep, you have the “progroms” correct. That is how these socialists deal with Israel.


18 posted on 10/28/2008 1:33:29 PM PDT by truthingod
[ Post Reply | Private Reply | To 15 | View Replies]

To: MountainLoop

Shades of Bill Clinton 1993.


19 posted on 10/28/2008 1:35:33 PM PDT by The Hound Passer
[ Post Reply | Private Reply | To 1 | View Replies]

To: MountainLoop

It doesn’t matter what they say during the campaign. Your taxes are going up under the Democrats unless you are on welfare.


20 posted on 10/28/2008 1:40:21 PM PDT by Always Right (Obama: more arrogant than Bill Clinton, more naive than Jimmy Carter, and more liberal than LBJ.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-43 next last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson