Obama started at $250K, dropped to $200K, Joe Biden adjusted it to $150K earlier this week, and now it’s dropped another 20% since then.
Can't you hear the tune? "How low, can you go? How low, can you go?" So catchy!
Anybody wanna bet me $20 that, if Obama gets elected, by the time he's sworn in next January the upper cutoff for his "tax cuts" will be at or below $85k/year? (i.e., cutoff<=$85k means I win, and disclaimer: Limit one bettor.)