- Bearing Drift - https://bearingdrift.com -

No tax increases unless you make $200K…er, $150K…er…

The downward spiral of Obama’s wealth redistribution continued yesterday as Joe Biden raised Barack Obama’s tax increase by 25% If that’s what they’ll say before Election Day, imagine where they’ll be by January 20th!

“What we’re saying,” he told a Pennsylvania TV interviewer, “is that [our] tax break doesn’t need to go to people making . . . $1.4 million. It should go to [people] making under $150,000 a year.”

Oops. That’s a 25 percent downward redefinition of “middle class.” (NYP [1])

Remember Bill Clinton’s scam of a middle class tax cut that never happened? Remember Mark Warner vowing to never raise taxes? Remember Obama cutting taxes for everyone except the “super rich?”

Why do we fall for it every time?