The Rich People Are Petrified! Oh No!
I still haven't figured out any of this rich text yet, but I figure if I keep posting, I'll figure it out eventually.
Here's a good one:
In recent days, McCain officials say, interest picked up. By Monday, pledges totaled $7 million. About 1,000 people paid $1,000 each for the reception. The more exclusive dinner with the Republican ticket drew about 200 contributors.
"Reality set in," one fund-raiser said. "Donors realized they could face an Obama administration next month." They are petrified they will face steep increases in personal and corporate tax rates, this person said.
Several executives resisted the fund-raiser because of their own financial pain. But Mr. Fasso didn't let up, telling them, "Obama will be a disaster for you."
This is from an article in today's Wall Street Journal on how McCain is alienating his uber-wealthy base:
"Wall Street Donors Resent Being Blamed by McCain"
NEW YORK -- Sen. John McCain badly needs the cash infusion and momentum from a Tuesday night fund-raiser in New York. But the senator's recent demonizing of Wall Street made it tough to lure contributors, with Wall Street and corporate executives balancing their aggravation with the Republican presidential hopeful against their rising unease about his Democratic opponent.
The McCain campaign hopes to raise $7 million at the event at a midtown Manhattan hotel. For $25,000, guests get a sit-down dinner and a photo with the Arizona lawmaker and his running mate, Alaska Gov. Sarah Palin. Guests who pay $1,000 can attend a reception.
Gee, if only I has $25,000 so I could have my photo taken with the first presidentail ticket to have two abuse-of-power ethics violaters on it!
I dropped this on Obama's site:
URGENTLY needed talking point.
I watched Gov Tom Vilsak on MSNBC Today, with David Shuster. Shuster is a fair guy, and just about neutral, but he stumped the governor by asking if the tax hike on the top earners wouldn't hurt the economy.
Vilsak should have made it VERY clear, that:
1) it's only a couple of percentage points - back to Clinton's top rate
2) that rate will only be charged on taxable income that is OVER $250K
Fox is hyping, but others are misrepresenting, or not clarifying this to the point that an informal poll of my friends and co-workers shows that they believe that once you make a cent over $250K, the IRS will charge them 40% on every cent they make! No wonder they're scaring everyone.
Your surrogates & spokespeople MUST make the above clear in every appearance, or at least when the subject comes up...
My nerves are probably about as frayed as you folks, this can't be over soon enough. On to Victory!
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Perhaps those people are laboring under the first misconception, above. If they're that rich that the majority of their income is over the $250K line - THEY CAN AFFORD IT! Country's in trouble, help out!
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October 14, 2008 4:37 AM | Reply | Permalink