Can somebody check Joe the Plumber’s math for me?
Last night’s presidential debate turned out to be about Joe the Plumber. An interview has been making the rounds online in which Obama talks to an Ohio plumber, who is considering buying the business he’s been working 12-hour days for over the past years. Joe says he would be dissuaded from buying it under Obama’s economic plan, where Joe’s tax rate, on his profit above two hundred fifty thousand dollars a year, would increase from 36% to 39%. Or maybe Joe is predicting that, under Obama, he might not be able to borrow money to buy the business.
Check out the original interview here:http://www.youtube.com/watch?v=vFC9jv9jfoA&eurl=http://www.google.com/reader/view/
I like . . .