Wednesday, September 24, 2008

McCain/Obama's Tax plan

The McCain campaign keeps saying Obama will "raise your taxes." It is an outright lie. They say it is because of his voting history, but that is just taking his voting out of context like most political ads do without giving specifics. Like when Obama voted for raised taxes on oil companies by $300 million over 11 years while providing $5.8 billion in subsidies for renewable energy, energy efficiency and alternative fuels. (Factcheck)

I, for one, would like to pay $892 less in taxes as opposed to the $113 I would get under McCain. The funny thing is that people who make over $200,000 per year are usually involved in business and investments and, through tax write offs, don't actually pay much in taxes.








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