barack obama speech today video
Why do Republicans keep thinking that they’ll pay more taxes under Obama’s plan?
Why do Republicans keep saying that Obama is going to raise everyone’s taxes? According to the Tax Policy Institute, Obama’s plan would cut taxes for 80% of households. Another 10% would see no change in their taxes from today. And the wealthiest 10% would see an increase in their taxes. Furthermore, Obama’s plan would save middle-income families more than with McCain’s.
Here’s a chart from the Washington Post comparing Obama’s plan with McCain’s:
http://www.washingtonpost.com/wp-dyn/content/story/2008/06/09/ST2008060900950.html
Obama has said that he will repeal the Bush tax cuts for people making over $250,000/yr. For middle-income families, Obama has pledged that you will not see any increase in your taxes, not your income tax, not your payroll tax, not your capital gains tax, not any of your taxes. Barack Obama has pledged as such in his recent speech in Dover, NH (go to time 1:05 in the video):
Because they will. Despite the rhetoric on his economic page, growing gov’t with the programs he proposes have to be paid somehow and he aint gonna find it in a tree.
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