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Thursday, July 3, 2008

Obama's Tax Plan - Now with Facts!

If I listen to one more McCain surrogate sit on television and LIE about Obama's tax plan, I may have to buy a new TV after what I do to it in a fit of rage.

Here's some of the basic facts (for those of you who still care about such things) of Obama's plan vs. McSame's, according to the non-partisan Tax Policy Center:

Obama raises taxes on families with incomes above $250,000, and only on those families. [Period. Full Stop.]

...

Obama's middle-class tax cut, about $1,000, is three times that of McCain's, about $300. Obama cuts the taxes of 81 percent of families; McCain, 56 percent.

...

McCain amps up the Bush tradition of saving the biggest tax cuts for the wealthiest families. That top 0.1% group gets a $270,000 tax cut under his plan.

Read More: Tax Policy Center's Assessment of Obama's Tax Plan

1 comments:

Anonymous said...

Even my dad, who is as Republican as they come, recognizes the current tax structure benefits only the very wealthy-the top 1 or 2% and has really hurt him. So far I haven't been able to use it to 'wedge' him out though.