McCain is a liar and probably a traitor. For more than thirty years the good people of Arizona have had an illegal immagration problem. McCain has been a congressman and powerful senator from Arizona for thirty years...he has nothing...zero...zip for his constituents. Not one bill...not one law...not one solution for this problem. But...he sure will vote to send trillions of dollars to Iraq and thousands of US soldiers to their death to protect Israel! He won't protect our border but he will listen to Joe Leiberman and do everthing he can to protect Israel. When did Israel beome our 51st state? Is an attack on Israel really an attack on the US! Is Israel really more important than Arizona?...or Nebraska...or Texas? When an elected official puts another country's interest ahead of US interests, that's treason in my book!
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The $32,000 Question
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Obama (June 12, 2008): If you are a family making less than $250,000 a year, my plan will not raise your taxes. Period. Not income tax, not payroll tax, not capital gains tax, not any of your taxes. And chances are you will get a tax cut.
The most comprehensive nonpartisan analysis of Obama's tax proposal available is the Tax Policy Center's comparison of McCain's and Obama's economic plans. That analysis mostly supports Obama's claim that his plan won't raise taxes, though it says that families earning between $169,480 and $237,040 would see an average tax increase of $486 under Obama's plan. All those earning less than $169,480 would see tax cuts. In fact, that hypothetical taxpayer with the $32,000 in taxable income would get a $502 tax cut under Obama's plan. McCain's plan, by contrast, would leave that person's taxes unchanged.
Obama the Flip-Flopper?
Forbes is right that Obama voted for a resolution that would have allowed tax rates to return to their pre-2001 levels. Yet Obama's own economic plan makes permanent the tax cuts to the four lowest brackets. So why the shift? Obama told reporters on July 7 that "the budget resolutions are not tax votes" and went on to describe the budget process as "screwy." We'll certainly grant him that last part. As we have described before, budget resolutions basically set targets for appropriations committees to use. They are more like guidelines than actual rules. And, like many budget resolutions, this one passed on a party-line vote, with just one Democrat and two Republicans crossing party lines.
Certainly Obama's votes indicate a willingness to raise taxes, and Obama has not been shy about saying explicitly that he will raise some taxes. We'll leave it to you to decide what you think about Obama's record and his specific proposals. But we do find that the McCain campaign is simply wrong to say Obama supported raising taxes on those making "as little as $32,000 a year." In fact, according to the Tax Policy Center, only the top 10 percent of earners would see increases under Obama's plan, with most of the burden falling on the top 1 percent.
Republished with permission from factcheck.org.
Sources
Jones, Athena. "Obama Talks Economy, Iraq." 7 July 2008. MSNBC: First Read, 8 July 2008.
Len Burman, et. al. "A Preliminary Analysis of the 2008 Presidential Candidates' Tax Plans." 20 June 2008. Tax Policy Center, 7 July 2008.
Len Burman, et. al. "Change in Tax Liability Under the Presidential Candidate Tax Plans Fully Phased In, for Representative Nonelderly Single and Head of Household Families, Assuming Current-Law Nonitemizers Do Not Have Mortgages, 2009." 19 June 2008. Tax Policy Center, 7 July 2008.
Neuman, Johanna. "Obama Takes on McCain Over Taxes." 12 June 2008. L.A. Times, 7 July 2008.
Tax Policy Center. "Individual Income Tax Brackets, 1945 - 2008." 4 November 2007. Tax Policy Center, 7 July 2008.
Taylor, Andrew. "Presidential Hopefuls to Vote on Budget." 13 March 2008. Associated Press, 7 July 2008.
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