- Feb 7, 2005
Any response from those claiming Obama broke faith/lied?Originally posted by: jonks
Let's say Obama increased the luxury tax on automobiles costing over $100,000. Then, let's say a family making under $250,000 took out a third mortgage on their house and cobbled together all their savings and begged and borrowed money from friends. Using all that capital, they then went and bought a $150,000 car. Technically they are now paying a higher tax than they would have had they bought that car last year, since Obama raised the luxury tax. Has he broken his pledge not to raise that family's taxes? According to your logic, this constitutes a tax increase on families making 250k/yr.Originally posted by: ccbadd
Obama said: "I can make a firm pledge," he said in Dover, N.H., on Sept. 12. "Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
So, would a general luxury tax increase on private jets or yachts that does not take into consideration anyone's income and which people making under $250,000 can theoretically purchase, constitute an increase in taxes on familes making $250,000 a year"? (this is rhetorical, but let's see you answer it anyway)