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Politics : View from the Center and Left
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To: Rambi who wrote (90298)10/16/2008 11:31:23 AM
From: JohnM  Read Replies (2) of 541866
 
Just saw a short interview Katie Couric did with "Joe" this morning. Joe's not "making" $250k. He says he wants to and may soon do so, but not there yet. And given the size of his house in the background of another clip I saw, he may have a far piece to go as they say around your part of the world.

Of course, under Obama's plan, even in its simplest form, the tax raise wouldn't apply until his taxable income was over $250k. Definitely not simply his revenue; which is what he may have been thinking.

And there are some small business exceptions in various versions of Obama's plans that make it even less likely he pays serious taxes.
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