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Middle Class Income Cap Continues to Drop

I love it when I’m right. If you watch me on KOB-TV’s Eye on New Mexico tomorrow morning at 10:00 a.m., one of the topics you’ll here me discuss is the rapidly declining middle class income cap. In order to stir the fires of class warfare, Senator Barack Obama first indicated that he would only be increasing taxes on those making over $250,000 per year in order to “redistribute wealth.”

In his 30 minute Barackomercial, he dropped that number down to $200,000. His running mate, Senator Joe Biden, has moved that cap even lower to $150,000, and now campaign surrogate, Governor Bill Richardson, has it pegged at $120,000 per year.


Think about this for a minute. We’re still in the campaign phase, and on a daily basis the Obama campaign is increasing the number of people who will see their life savings redistributed.

Mark my words, if Obama is elected, it won’t be long before that number is lowered to $100,000. To put that in perspective, consider that if you have a household with two experience teachers or police officers or firefighters, they will probably be earning over a $100,000 a year. Obama and his friends want to see their “wealth” redistributed.