Obama Had Defined Rich as 250k – but now 200k? 150k?
I sat on my couch and argued with a friend not 6 weeks ago whether an annual income of 250k should qualify someone as “the rich” like Senator Obama was saying on TV.
Now less than a week before the election, I’m watching his infomercial and his tax plan had suddenly shifted to define the rich as only $200,000 a year income.


