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NBC News report on taxes...
Sep. 22nd, 2008 07:08 pmNBC just broadcast both canidates tax plans.
Obama wants to lower 8 out of 10 household's taxes, targeting the lower and middle class. To pay for it, the top 1% will have their taxes raised. The top 0.1% will be raised higher. Seinors making under $50K will not be taxed on their income.
Okay, we know where the money will come from. There's other taxes in there too, from taxing windfalls on energy companies, removing tax breaks for companies sending jobs overseas... but it's all documented on the Obama Campain website.
McCain wants to lower all taxes, and doesn't specify where we will find the money to cover for it. Hell, I even went to the campaign website, dug a bit through, pulled whitepapers... NOTHING! McCain has absolutely no clue on where we are going to get the money from. It's like he wants to do it, dammed the economy!
All of that, ontop of both campaigns saying they'll cut discresionary spending, pork barrel projects, yada yada yada heard it all before, standard staple of any campaign.
Tell me I'm wrong on McCain -- point me to where McCain says where he'll get the money to cover his all-encompasing tax cuts. At least Obama has documented it.
Obama wants to lower 8 out of 10 household's taxes, targeting the lower and middle class. To pay for it, the top 1% will have their taxes raised. The top 0.1% will be raised higher. Seinors making under $50K will not be taxed on their income.
Okay, we know where the money will come from. There's other taxes in there too, from taxing windfalls on energy companies, removing tax breaks for companies sending jobs overseas... but it's all documented on the Obama Campain website.
McCain wants to lower all taxes, and doesn't specify where we will find the money to cover for it. Hell, I even went to the campaign website, dug a bit through, pulled whitepapers... NOTHING! McCain has absolutely no clue on where we are going to get the money from. It's like he wants to do it, dammed the economy!
All of that, ontop of both campaigns saying they'll cut discresionary spending, pork barrel projects, yada yada yada heard it all before, standard staple of any campaign.
Tell me I'm wrong on McCain -- point me to where McCain says where he'll get the money to cover his all-encompasing tax cuts. At least Obama has documented it.
