Wurzelbacher conceded today that he is not in danger of being hit with the higher tax rate. He acknowledged that he wants to buy a plumbing company for $250,000 to $280,000. That wouldn't be how much profit he would make from the firm.
He would make much less, he said.
That would seem to indicate that Wurzelbacher would not be subject to Obama's proposed tax increase from 36 percent to 39 percent for those making more than $250,000 per family. Instead, he would be eligible for a tax cut that Obama is proposing.
And while we're at it, if John McCain cares so much about Joe the Plumber Wurzelbacher, shouldn't he have at least bothered to get his name right?
Thursday, October 16, 2008
News Flash: Joe the Plumber Would Not See His Taxes Go Up