A number of the typically premature ejaculatory BTs have recently seized on the story of one "Joe the Plumber," whose televised confrontation of Barack Obama as to how Obama's tax cuts would affect Joe was immediately spread far and wide throughout the Dumbass-o-sphere as proof of how those tax cuts would hurt poor, hard-working folks like Joe.
Joe the Plumber told Sen. Barack Obama that he might buy a business worth $280,000, but is afraid higher taxes will cut into his dream, CBS News correspondent Wyatt Andrews reports.
Sen. John McCain then used Joe's story to claim Obama will raise taxes for millions of small business owners.
"And what you want to do to Joe the Plumber and millions more like him is have their taxes increased," McCain said during Wednesdays third and final presidential debate.
And then there's reality (emphasis leg-humpingly added):
The fact is, millions will not be hit by a tax hike. An estimated 335,000 small business owners - just 2 percent of the total - would be impacted by Obama's tax increases.
According to the nonpartisan Tax Policy Center, Obama's tax hikes apply only when personal income, not the value of the business, rises above $250,000.
"What goes on your income tax form is your profit, not your gross receipts," said Eric Toder of the Tax Policy Center.
But wait ... it gets sooooo much better:
So today, Joe, who said he makes much less than $250,000, reluctantly admitted Obama would lower his taxes.
"I would, if you believe him, I would be receiving his tax cuts," Wurzelbacher said.
And, oh, yeah:
But Joe's anti-tax leanings are also playing out in his personal life. It turns out - he's behind on state taxes.
So the man whose personal story steered a Presidential debate over taxes owes some $1,200 in back taxes, according to the state of Ohio.
Heh. Indeed. Thanks for coming, Joe. Stupid Blogging Tories. Stupid, stupid Blogging Tories.
BONUS TRACK: Just for shits and giggles, make sure you appreciate how Joe lies during that initial confrontation. As you can see from the first few seconds of the video here, Joe initially claims (emphasis added), "I'm getting ready to buy a company that makes about $250,000 ... $270-280,000 a year."
No, it doesn't. As Joe later clarified, the company he was thinking of buying was worth that much, which means that it would typically make considerably less per year. And, as you can read above, Joe has admitted that he currently makes far less than $250,000 per year. In short, Joe spewed total bullshit during that first encounter in order to provoke a confrontation. So he totally deserves the shellacking he's getting at the moment.