Mark Warner is Unsure Who's Rich
Democratic Senate candidate Mark R. Warner, who is worth an estimated $200 million, isn't sure how he defines "wealthy" when it comes raising taxes.
In his debate yesterday with Republican James S. Gilmore III, Warner said he supports rolling back President Bush's tax cuts for the wealthiest Americans. Warner, who wants new revenue to reduce the deficit and invest in "infrastructure," has staked out a position similar to Democratic presidential nominee Barack Obama. Gilmore is opposed to all tax increases.
Obama's plans calls for higher taxes on couples who earn more than $250,000. When asked after the debate who he considers to be rich, Warner couldn't give an answer. But he said he thinks Obama's $250,000 a year threshold is too low.
"I think $250,000 may be a bit low because for one or two income earning households in Northern Virginia that seems too low, but that is one of the things we will work through," Warner said.
September 19, 2008; 1:08 PM ET
Categories: Election 2008/U.S. Senate , Mark Warner , Tim Craig
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Posted by: NoVA | September 19, 2008 3:35 PM | Report abuse
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