Daily Kos

Obama's Middle-Class Tax Cut Bigger than McCain's

Fri Jun 13, 2008 at 10:10:26 AM PDT

In his effort to run the best campaign of 1980, John McCain has hauled out the dusty tax-and-spend label from the GOP basement and tried to wrap it around Barack Obama.  He's even opened the crate where they keep the "biggest tax increase in history" banner (well-worn, since Republicans use it every election cycle) to attach it to Obama's proposed tax plan.  In a way, it's nice to see that Republicans don't bother to change one word of their approach, even when they've just finished executing the fiscal equivalent of a plane crash.  On a nursing home.  With nuclear weapons.

And of course, McCain's statements aren't talkin' anywhere near straight, as as fact-checker Larry Rohter points out.  

Economists of various ideological persuasions, however, view Mr. McCain's assessment as inaccurate or exaggerated. Some question whether Mr. Obama's tax plan can even be characterized as an increase. Some also argue that contrary to Mr. McCain's assertions, the Democrat's proposals, if enacted, would actually reduce taxes for the middle class — the voters both candidates see as the key to victory.

Hmm, inaccurate or exaggerated.  Yes, that sounds like the Bush third term, all right.  It looks like the Republican rhetoric is as stale as the Republican candidate.  

In a study of the candidates' plans made public Wednesday, the nonpartisan Tax Policy Center concluded that in contrast to Mr. McCain, "Senator Obama offers much larger tax breaks to low- and middle-income taxpayers and would increase taxes on high-income taxpayers."

So wait, if Obama's plan offers bigger tax cuts than McCain, does that mean that McCain is threatening the super-duperest biggest tax increase in a jillion years?

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Tags: John McCain, Barack Obama, 2008 elections, president, Taxes (all tags) :: Previous Tag Versions

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