Crass Warfare
You don’t like my $250,000 level for tax cuts? How about $200 (Obama)? 150 (Biden)? 120 (Richardson)?
Hey, I can go down to 70 (Obama), but that’s my final offer. Today. Maybe 60. If I talk to my boss, 50.
In a 2003 interview while starting his Senate campaign, Obama said that tax cuts should have been targeted no higher than the $70K level:
Well, you know the problem was is that they weren’t targeted at the short term stimulus of the economy. What we should have done is if we were going to initiate tax cuts, and I’m a strong supporter of tax cuts for working families like the Earned Income Tax Credit, to initiate things like cuts in the Social Security tax, and other taxes that are really burdensome on families that are making 50, 60, 70 thousand dollars a year. Those tax cuts I think would have stimulated the economy.
Now, Obama and his supporters will jump up to scream that he has been adamant and insistent that the number above which he intends to soak the rich is $250,000 and always has been. I can only answer that that has been his most commonly cited number, but by no means his campaign’s only number. Why the confusion, Team O? You almost make a person reluctant to believe anything you say.
Just don’t say you weren’t warned if that tax relief you were looking for doesn’t materialize after the election.