OMG... the Economist endorses Obama.

[Coca-Cola]

akuma587 said:

Dogs Rule said:

Coca-Cola said:
tax hike for people earning $250k. how is that good for the economy?
who will invest?

I heard on the radio today that Obama changed (he is for change) the amount from $250k to $150k.

Hope it doesn't change.

On the campaign trail, in his speeches Obama says 250K$. In his infomercial Wednesday, He said 200K$, but the next day and since he has been back to saying 250K$.

Joe "The" Biden has said 150K$. I don't know if that is his own belief or if he made a mistake.

This is a common misconception.  The $250K amount is for families, and the $150K amount is for single filers.  Most people making that much do have a family, so Obama isn't telling the whole truth, but for all practical points and purposes he is telling most of the truth.  The percentage of people making $150K by themselves is less than 2% of the country.  It might even be less than 1%.

 

Thanks for clearing that up for me too.

I thought $250k was individual amount - I could live with that, but for family income that's insane.

Let's make it 250k for individuals.