Obama's Two-Minute Ad on Taxes
By Ed O'Keefe in The Trail:
Amid continued claims by the McCain campaign that he would raise taxes on lower-income Americans, Barack Obama lays out his tax proposals in a two-minute commercial release by his campaign today.
"On taxes, John McCain and I have very different ideas," Obama says in the spot. "Instead of giving hundreds of billions in new tax breaks to big corporations and oil companies, I'll cut taxes for small and startup businesses that are the backbone of our economy."
He also states: "If you make less than a quarter million a year, you won't see your taxes raised one penny under my plan. And seniors making less than fifty thousand, who are struggling with the rising costs of food and drugs on fixed incomes, won't pay income taxes at all."
This latest economic message -- with its emphasis on middle- and lower-income tax relief -- comes as McCain and his surrogates continue to say that Obama would raise taxes on anyone earning more than $42,000 per year. That's a misleading argument according to The Post's Fact Checker, because "the vote that McCain is talking about was a non-binding resolution on the budget that envisioned letting the Bush tax cuts to expire, as scheduled, in 2011. But these budget resolutions come up every year, and do not represent a vote for higher taxes in future years."
By Ed O'Keefe |
September 30, 2008; 4:50 PM ET
Previous: New RNC Ad Dismisses Bailout as McCain Works for It | Next: House Republican Ad Exploits Rangel's Ethics Problems
Please email us to report offensive comments.
Posted by: Rich K | September 30, 2008 6:24 PM
Posted by: Doctor B | September 30, 2008 8:02 PM
The comments to this entry are closed.