>>>>>I guess you missed the speeches recently where 250,000 went to 200,000 and then 150,000...? It keeps going down. His original tax plan was 40,000 but that changed pretty quickly. It will be interesting to see when he is in office what the final point will be.
>>>>
>>>>I haven't heard 150K, other than from you. I did see an ad yesterday narrated by Obama himself saying 200K. That's still a pretty high income.
>>>>
>>>>One more day to go. Thank God.
>>>
>>>That only confirms that you don't actually listen to Obama or Biden's speeches. Even Marcia posted it here. Biden also mentioned it in a speech. This time I'm not going to provide a link. It's out there.
>>
>>You are living on here now! LOL
>>
>>No, I don't listen to their speeches other than when they are televised. I did see a commercial YESTERDAY when Obama said 200K.
>
>Hey look, a link! http://www.factcheck.org/elections-2008/spread_the_tax_hooey.html But what does Annenberg know, hmmph! They've always been soooo suspect afterall. ;-)
>
>And here's another good one: http://www.taxpolicycenter.org/ But why do you require links when there is a torrent of helpful TV ads? haha

It's all in the wording:

While it's true that a single taxpayer making $42,000 a year would have seen his or her taxes go up by about $15 if this provision had been followed up and enacted, a family of four would have had to hit an income level of $90,000 before experiencing a tax hike. For couples, the figure would have been $83,000.


So, 42,000/yr for a single taxpayer and 83,000/yr for a couple without children, and 90,000/yr for a family of four.