Tipsheet

Now $50K a Yr. Means You're Rich???

Matt Lewis
Matt Lewis  |  November 01, 2008 4:57 PM
CBS-4 has posted  a 2003 TV interview where Barack Obama says tax cuts should only go to “working families … that are making 50, 60, 70 thousand dollars a year”. 

This comes on the heels of Bill Richardson saying Obama’s tax relief would define middle class as “$120,000 and under” -- and just days after Joe Biden defined “middle class” as $150,000. Remember, Obama’s original promise was not to raise taxes on anyone making less than $250,000.