Does $150,000 Make You Rich?

Maybe not, but it may mean no Obama tax cut for you.

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NRO's Byron York notices that Team Obama seems to be lowering the income threshold that determines who gets an Obama "tax cut." Let's put it this way: If you make more than $150,000, don't bother looking in the mailbox. And we are rapidly approaching the threshold where a married couple—the proverbial cop and school teacher—may be regarded as rich. Strange.

TAGS:
Obama, Barack
2008 presidential election
federal taxes
taxes
income

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