Barack Obama seems to think he can recover some of the ground he lost at the Saddleback Forum by seizing on John McCain's joking reference to $5 million a year as rich. Reuters reports:
"I guess if you're making $3 million a year, you're middle class," Obama told a campaign event in New Mexico.
"That's reflected in ... his policies," Obama said, adding McCain would give a $500,000 tax credit to people making more than $2.5 million.
McCain's actual answer included, "Let's not have the government take over the health care system in America. So, [applause] so, I think if you're just talking about income, how about five million? So, [laughter] but seriously, I don't think you can... and I'm sure that comment will be distorted, but the point is... we want to keep [all] people's taxes low."
It was obvious from his tone and the context of his answer that he was simply tossing out an absurd number to make his point -- he's not interested in raising taxes. Rather, he wants to lower them for everyone.
In contrast, Obama admitted that if elected he's raising taxes. That's where this discussion should be focused.