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Elections Discuss here He Goes Again at the Political Forums; There He Goes Again McCain ad misrepresents Obama's tax plan. Again. Summary The McCain-Palin campaign has released a new ad ...

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Old 09-18-2008, 09:16 PM
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There He Goes Again

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McCain ad misrepresents Obama's tax plan. Again.

Summary

The McCain-Palin campaign has released a new ad that once again distorts Obama's tax plans.

* The ad claims Obama will raise taxes on electricity. He hasn't proposed any such tax. Obama does support a cap-and-trade policy that would raise the costs of electricity, but so does McCain.

* It falsely claims he would tax home heating oil. Actually, Obama proposed a rebate of up to $1,000 per family to defray increased heating oil costs, funded by what he calls a windfall profits tax on oil companies.

* The ad claims that Obama will tax "life savings." In fact, he would increase capital gains and dividends taxes only for couples earning more than $250,000 per year, or singles making $200,000. For the rest, taxes on investments would remain unchanged.

The McCain campaign argues in its documentation for this ad that, whatever Obama says he would do, he will eventually be forced to break his promise and raise taxes more broadly to pay for his promised spending programs. That's an opinion they are certainly entitled to express, and to argue for. But their ad doesn't do that. Instead, it simply presents the McCain camp's opinion as a fact, and it fails to alert viewers that its claims are based on what the campaign thinks might happen in the future.

Analysis

In what has become an ongoing theme, the McCain-Palin campaign has released yet another ad that makes false claims about Barack Obama's tax plan. The ad, which was released on Sept. 18 and which the campaign says will air nationally, claims that Obama will raise income taxes and will tax "life savings, electricity and home heating oil." As we keep saying, Obama says he'll raise income taxes and capital gains taxes only for couples earning more than $250,000 per year or singles making over $200,000. He has proposed no plans to raise taxes on either home heating oil or electricity.

Continued below...

FactCheck.org: There He Goes Again
Dam that FactCheck...the liberals own them!

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Old 09-18-2008, 09:28 PM
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Default Re: here He Goes Again

It's down to a propaganda war now. Whose crap can fly the furthermost in the quickest amount of time.
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Old 09-18-2008, 11:17 PM
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Default Re: here He Goes Again

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Originally Posted by saltwn View Post
It's down to a propaganda war now. Whose crap can fly the furthermost in the quickest amount of time.
Exactly...Truth be dammed...
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Old 09-24-2008, 09:35 AM
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Default Re: here He Goes Again

* The ad claims Obama will raise taxes on electricity. He hasn't proposed any such tax. Obama does support a cap-and-trade policy that would raise the costs of electricity, but so does McCain.

Which will raise taxes on electricity.

"San Antonio columnist. Obama did in fact say, "What we ought to tax is dirty energy, like coal and, to a lesser extent, natural gas." "

Two of the primiary sources of electricity production.

* It falsely claims he would tax home heating oil.

He will institue a windfall profits tax on oil companies which will raise taxes on home heating oil


* The ad claims that Obama will tax "life savings."

He will raise capital gains taxes and taxes on investments

" According to the Tax Policy Center, without spending cuts elsewhere, Obama's proposals could lead to between $3.6 trillion and $5.9 trillion in new debt over 10 years. The McCain-Palin campaign is certainly entitled to argue that that level of debt is unsustainable and that Obama would therefore have to raise taxes."
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Old 09-24-2008, 09:48 AM
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Default Re: here He Goes Again

Quote:
According to the Tax Policy Center, without spending cuts elsewhere, Obama's proposals could lead to between $3.6 trillion and $5.9 trillion in new debt over 10 years. The McCain-Palin campaign is certainly entitled to argue that that level of debt is unsustainable and that Obama would therefore have to raise taxes."
According to Market Watch, the Association of Public Accountants, and another website (already posted them on here somewhere), McCain and Obama's budgets amount to about the same exact amount of tax/hidden tax/user fees/whatever.
The difference between the two plans is that the top 20% would profit more under McCain, while us 80's would be better off with the Obama plan.
Another little tid bit. Both plans fall 19 mill short of (pre bail out crises) the money projected to be available.
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Old 09-24-2008, 09:50 AM
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Default Re: here He Goes Again

Don't worry about money. GWB has a printer.
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