John, the RNC has picked up on this point, done a quick turnaround, and released a fairly effective ad. With a little help from Joe Biden, the public may get the idea that the $250,000 number is “up for grabs.” Indeed, unless Barack Obama is going to scale back his spending plans radically, the number has to float down, in order to capture more and more taxpayers. There simply isn’t enough revenue to be gained from people making more than $250,000–or even $200,000–to pay for $4.3 trillion in new spending. Even the MSM has figured this out.
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