Obama is already backing off that $250,000 threshold for families and small businesses who won't see a tax increase. In a Oct. 24 ad it went down to $200,000. Now Biden is out there lowering the figure to $150,000.
Here's Obama lowering it down to $200,000 in a Oct 24 ad.
Now here's Biden going even lower to $150,000 yesterday.
Video: Biden talking about taxing incomes over $150K, not $250K, now? (Hot Air)
Joe Biden: You are Rich if You Make $150K, and We Will Tax You For It (Stop the ACLU)
Down Down… (The Irascible Chef)
Obama's Moving Tax Threshold: $250,000? $200,000? $150,000? What Next? (Byron York)