Obama said that “I want to provide a tax cut for 95 percent of working Americans.” He also said the cut would go to “95 percent of families.” The latter is correct. The Urban Institute-Brookings Tax Policy Center analyzed the two candidates’ tax plans and found Obama’s would cut taxes for 95.5 percent of households with children. Overall, the TPC found that Obama’s plan would produce a tax cut for 81.3 percent of all households. Obama was also off the mark... Click to Read the Full Post
McCain said that Obama had voted 94 times for higher taxes or against tax cuts. He’s getting warmer — the first time we dinged him for this one, he said Obama voted 94 times to increase taxes, which is way off. This is still misleading, though. The real breakdown includes: 23 votes against tax cuts (which would have produced no increase in taxes); seven votes that would have lowered taxes for most people, but increased taxes on a few; 11 votes that would have increased taxes on those... Click to Read the Full Post
