You've heard Obama constantly saying that anyone making $250,000 or less will not see a tax increase. (lies, of course, since the One's plans call for increasing taxes on payroll and investment that affects almost everyone, but I digress).
As I predicted the threshold for who's 'rich' is steadily dropping, since there simply isn't enough money to be had from the $250,000 + group to pay for the extra spending Obama's been promising his followers. Repealing the Bush tax cuts from that group only raises a mere $40 billion...leaving a shortfall of $360 billion the Chosen One will need to pay for healthcare and the other bribes he's dangling in front of the voters.
Obama and Biden realized this a long time ago, so they're now involved in lowering the threshold on who's 'rich'. In a recent commercial, Obama lowered it to a mere $200,000 in income per year, and in the above video, Joe Biden lowers it to $150,000.
In some parts of the country, $150,000 is a fair amount of money.But in most of urban America, it's a middle class income for a family....say, a nurse and a policeman with a couple of kids.
And make no mistake about it. Even that $150,000 figure is going to come down a lot further once these people get their hands on the White House.
hat tip to Sammy over at Yid With Lid