GOP Chairman Steele: ‘after taxes, a million dollars is not a lot of money’

[kpete]

Source: Boston Herald

GOP Chairman Steele: ‘after taxes, a million dollars is not a lot of money’
By Associated Press
Friday, February 5, 2010 - Updated 1h ago

LITTLE ROCK, Ark. - Republican National Committee Chairman Michael Steele and potential Democratic Senate candidate Harold Ford Jr. agreed Thursday that Americans want action now on health care reform, but disagreed about how to achieve it.

Steele and Ford — who is considering a run for a U.S. Senate seat in New York — faced off on health care, taxes, abortion and other issues for more than 90 minutes during a joint appearance at the University of Arkansas at Little Rock.

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The two often traded jokes, especially when Steele panned President Barack Obama’s long-stated plan to let income tax rates return to higher levels for families making more than $250,000 a year.

"Trust me, after taxes, a million dollars is not a lot of money," Steele said.

Read more: http://www.bostonherald.com/news/us_politics/view/20100205gop_chairman_steele_after_taxes_a_million_dollars_is_not_a_lot_of_money/