… that Barack Obama’s numbers about tax cuts just don’t add up.1
There’s no indication that Obama has changed his tax policy, which states that anyone making under $200,000 would get a tax cut under his administration, and nobody making under $250,000 would be hit with a tax increase.
But Obama has promised tax relief for 95% of tax payers. If you read Tom’s blog post a few days ago, it’s obvious that the 95% does not include tax payers making $200,000, or even $150,000:
“What Obama wants to do is he is basically looking at $120,000 and under among those that are in the middle class, and there is a tax cut for those,” Richardson said in the interview, according to a clip posted on YouTube.
References:
1 http://elections.foxnews.com/2008/10/31/low-richardson-pegs-middle-class-making/