http://www.youtube.com/watch?v=jH5LHF-XoLM On October 18, 2008, Obama said that the $250,000 bracket was safe from increased taxes. On October 24, 2008, Obama lowered the amount to $200,000. And on October 28, 2008, Smokin Joe Biden lowered the bracket to $150,000. Change You Can Believe In.