The confusion, I believe in Obama’s changing figure is, the $250K refers to a working couple’s annual income, while the $125K refers to a single person’s annual income, i.e. living in New York City as a single person and earning anything above $125K a year is a greedy person who needs to have their paycheck confiscated by Obama so he can spread their wealth around.

Having said that, Obama’s tax plan is really geared to class warfare statistics and buying votes. Let me explain.

Hard working people living in Harlem, some of whom work two and three jobs to meet their family’s needs, and earn a measly $18,982 to $66,394, even though Obama says they will get a tax cut, will still have their paychecks confiscated under Obama’s income tax, and, the proceeds of Obama’s tax upon these hard working people’s earned wages will be used to send a check to lazy people living in Harlem who work one job and enjoy the rest of the day sitting on the stoop drinking their Colt 45 and talking trash. This is fair? Sending lazy people a $500 check, or a $1000 check for lazy couples which is taxed away from hard working people living in Harlem who work two and three jobs to move up the ladder is fair?

Obama is a flim flam artist engaging in class warfare, and proposing to buy the votes of 43 percent of the 95 percent of the people he says will get a tax cut, and he will be buying their votes using money which is taxed away from those who may be working two and three jobs to feed their own family and put a roof over their own family’s heads.

Tell us Mr. Obama, why do you hate hard working people living in Harlem who make sacrifices by working two or three jobs to take care of their own family? Why do you think it’s fair to punish these people with a confiscatory tax upon their earned wages while rewarding lazy people with a check from government that has been taxed away from hard working people who make sacrifices to increase their household income?

Now, what is my solution?

There would be no “income tax” for anyone earning under $125K per year or $250K per working couple! This lost revenue would be made up by a federal luxury tax, a specific amount of tax upon each specifically chosen article of luxury chosen by Congress, just as our founding fathers intended, and was very successfully used until Congress tried to increase the tax which led to a drop in sales. Mind you, this tax is self regulating and allows the market place to determine the appropriate amount of tax on each selected article___ tax the article too much and the flow of revenue into the federal treasury is diminishes. This is not only stated in Federalist 45, but was proven under The Omnibus Budget Reconciliation Act of 1990 click on 4. “Omnibus Budget Reconciliation Act of 1990 (Enrolled as Agreed to or Passed by Both House and Senate)[H.R.5835.ENR]”, after which you may scroll down to TITLE XI--REVENUE PROVISIONS, and then click on :
PART III--TAXES ON LUXURY ITEMS



Please note that the outrageous 10 percent because of Congress’s greed, caused diminishes sales and slowdowns in Maryland’s luxury boat building industry which led to Congress repealing the tax in 1991

Had the boat tax only been one or two percent it probably would have been paid without much resistance or outcry. But, the tax was an outrageous 10 percent and the market place responded. Congress does not like any tax system which limits their greed and why they would hate ending income taxation as I have suggested, and having to tax articles of luxury which would allow the market place to determine the limit of tax.

But getting back to Obama tax plan, it is a class warfare proposal which every hard working black American ought to recoil from and point a finger at Obama for what he really is ___ a flim flam artist playing the class warfare game.

JWK


If we can make 51 percent of America’s population dependent upon a federal government check, we can then bribe them for their vote, keep ourselves in power and keep the remaining portion of America’s working population [Joe the American plumber] enslaved to pay the bills ____ Obama’s Marxist game plan, a plan to establish a federal plantation and redistribute the wages earned by labor.

JWK, there is opportunity in every situation......

First lets look at a typical malt liquor drinker..........


Link

So your analysis is right on. Though I don't think the stoop warmers still drink colt.

Now lets not forget that. In addition to increased liquor sales there will be increased cigarette sales as well. Kools of course. With some Newports thrown in.

If this tax plan comes to pass I'd be a buyer of R.J. Reynolds and Anheuser-Busch.

Now one well versed with the habits of stoop warmers might object to this investment advice on the grounds that a good portion of this extra 500 will go the lottery. This is true. However some of these stoop warmers will actually win. And what will they blow their money on..........
Booze and cigs. So this is a can't loose play.........................