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The Whoppers of 2008—The Sequel

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Body Armor Claim: Still False and Nasty October 24

* Obama has repeatedly claimed that McCain supports tax breaks for companies that ship jobs overseas, and in one ad charged that McCain had "sold ... out" Pennsylvania workers whose factory closed. The ad further implied that their jobs were sent to China. That's not what happened. No jobs were sent to China, and the factory closed because the television parts it manufactured were becoming obsolete. As for those tax breaks, McCain has supported a provision of the tax code that allows companies to defer paying U.S. corporate taxes on profits they earn and leave overseas. But economists have said this isn't a major reason why jobs are lost.

Obama's Trade Trickery September 26

Republished with permission from factcheck.org.

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Posted By: kcundiff @ 11/05/2008 1:05:33 AM

Oh! God help the youth of this country. Your the teacher I told my kids to stear clear of when they went off to college.
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Posted By: it's about the future @ 11/04/2008 11:57:38 AM

Under Obama's tax plan:

No family making less than $250 thousand, will see ANY KIND of tax increase.
Tax rates will be 20% lower than they were under President Reagan.
According to the Tax Policy Center, Obama provides 3 times more tax relief than McCain's plan
for families.

Families making more than $250 thousand, will pay the same or lower tax rates than they paid in the 1990's. No family will pay higher tax rates than in the 1990's.

Overall, Obama cuts taxes below the level that prevailed under Ronald Reagan.
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Posted By: PresidentPreach @ 11/04/2008 10:47:28 AM

36% vs 39% on $250K. Make $200K and even with the tax break and still not make as much money. Hmmm I thank I am happy with the 3% tax, no trade.