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Joe doesn’t make $250,000 so he can’t get McCain’s tax cut for earnings over this amount – however much he likes McCain’s war record and POW story – though he will automatically get Obama’s middle class tax cut for families earning below $250,000. Joe’s question is will he do it – with a Democrat House and Senate – Obama’s tax proposal – may quickly become a reality.
Don’t forget a lot of wealth has just been spread around on Wall Street in the form of a bailout – and these CEO’s are not complaining – why not offer the middle class – by comparison – a miniature share – in the form of a tax cut directed at them. Even if Joe were to make – one day – say $300,000 a year – he would only be taxed 3% more on the $50,000 – above the threshold figure of $250,000. Anything below this will be subject to a tax cut. The changes in tax – under Obama are hardly enough to put Joe out of business. By one account the figure he would be taxed – might increase from anywhere from $0-$900/year. This is not breaking the bank – especially when we consider earnings for the small business equal profits – or what’s left after expenses – that is why 98% of small businesses owners would be eligible for the Obama middle class tax cut.
Barack Obama’s campaign is trotting out its own “Joe the Plumber” to counteract efforts by John McCain to make inroads on the white working class vote.
A reader in Colorado sends over word that the state Democratic Party and the Obama camp are blasting out robocalls from “Joe Martinez,” a plumber in Colorado who vouches for the Illinois Democrat’s tax plan.
A spokesman for the Colorado Democratic Party confirmed the robocall and said he would try to track down audio. The rough script goes like this:
- “…During this week’s debate, Barack Obama talked about cutting taxes for middle class families like mine, lowering health care costs for everyone and bringing the change we need in Washington. John McCain ignored the issues and used the debate to launch false attacks against Barack Obama. In fact, McCain – for the third debate in a row – didn’t even say the words ‘middle class’. So, take it from Joe the plumber, if you want a president who will put middle class families first – join me in voting for Barack Obama. Paid for by the Colorado Democratic Party….”
The calls are noticeably positive in message compared to those currently being made by the RNC and McCain camp tying Obama to former Weather Underground member Bill Ayers. They also reflect the Obama campaign ethos, which dictates that they compete with their opposition on every political front: even if it means matching an opposition plumber with a plumber of your own.