Thursday, October 16, 2008

JOE THE PLUMBER UPDATE! (from mcyapper)

Turns out even though he claims he may have to pay $250K to buy a plumbing business, he would earn less.

SO THAT MEANS HE WOULD GAIN UNDER THE OBAMA TAX PLAN!

ABCNEWS:

http://blogs.abcnews.com/politicalpunch/2008/10/joe-the-plumber.html
ABC News' Chris Bury is outside Toledo, near the home of Samuel Joseph Wurzelbacher, aka "Joe the Plumber," and reports that Wurzelbacher -- such a key part of Sen. John McCain's critique of Sen. Barack Obama's economic proposals -- acknowledged that he wants to purchase the plumbing business for $250-280,000, not that he would net that much in profits.

He would make much less, he said.

Which would seem to indicate that he would be eligible for an Obama tax cut, not that he would be subject to the tax increase from 36% to 39% Obama would impose on those making more than $200,000 per person, or $250,000 per family.

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