How low can you go?
Gov. Bill Richardson, a supporter of Sen. Barack Obama, said in a recently radio interview that when Obama becomes president, he would cut taxes for people earning less than $120,000 a year.
Obama's official position is that the cutoff is at $250,000. But he once said on the stump that the figure is $200,000. Sen. Joe Biden then lowered the bar to $150,000.
1 comment:
Biden didn't lower the bar; his statement was consistent with Obama's initial proposal. People who make $250,000 or less don't see a tax increase; people making $150,000 or less get a tax refund.
As for Bill Richardson, after listening to the interview, I believe he misspoke - In the same interview he called the bailout a $750 billion bailout, when it is a $700 billion bailout.
As for the stump speech, I didn't hear it, so I can't respond to it. I just wanted to clarify your errors on Biden's statement & give a brief opinion on Richardson's comment.
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