Do You Make $172,000 A Year?
Let’s see now. How much money would you have to make for Obama to raise your taxes? That would be $200,000 a year. Obama proposes raising taxes on individuals who make over $250,000 a year, the republicans oppose it, and the Democrats start screaming about tax breaks for “millionaires and billionaires.”
Well … if $200,000 a year makes you rich, as Obama says, then what would you say about someone who makes about $172,000? Well, you’ll be surprised to know that Barack Obama thinks that $172,000 a year is a “relatively modest” income. Now bear in mind that the average household income in this country is around $55,000 a year … and Obama thinks that over three times the average is “relatively modest.”
Good thing my wife works too, so I can be at least above the poverty line.