“Will eliminate all income taxation of seniors making less than $50,000 per year. This will eliminate taxes for 7 million seniors — saving them an average of $1,400 a year– and will also mean that 27 million seniors will not need to file an income tax return at all.”
(from Obama’s “Comprehensive Tax Plan”)
This one has just seemed to disappear as fast as a file folder in Vince Foster’s office. It wasn’t in the economic “stimulus” bill (the American Recovery and Reinvestment Act), and it wasn’t ever part of any proposed legislation. Yes, the outrageous promise to end taxes for seniors if they make less than $50,000 has been totally forgotten… and to think – Helen Thomas is no longer there to even ask about it.