Wash. Times uncritically reported McCain "slamm[ed]" Obama "for supporting higher taxes" without noting Obama's plans to cut taxes
SUMMARY: The Washington Times reported that Sen. John McCain and Gov. Sarah Palin "slamm[ed]" Sen. Barack Obama "for supporting higher taxes," but did not note that Obama has proposed cutting taxes for low- and middle-income taxpayers and raising taxes on only individuals earning more than $200,000 per year and families earning more than $250,000 per year.
In an October 22 article, The Washington Times uncritically reported that Sen. John McCain and Gov. Sarah Palin "slamm[ed]" Sen. Barack Obama "for supporting higher taxes," but it did not point out that Obama has proposed cutting taxes for low- and middle-income taxpayers and raising taxes on only individuals earning more than $200,000 per year and families earning more than $250,000 per year. As Media Matters for America has noted, the Tax Policy Center concluded that compared with McCain, "Obama would give larger tax cuts to low- and moderate-income households and pay some of the cost by raising taxes on high-income taxpayers." Even McCain's own chief economic policy adviser, Douglas Holtz-Eakin, has reportedly said it is inaccurate to say that "Barack Obama raises taxes." Further, as FactCheck.org wrote in response to a prior McCain claim that Obama's plan would increase taxes on small-business owners: "[T]he overwhelming majority of those small-business owners would see no increase, because they earn too little to be affected."
From the October 22 Washington Times article:
Mr. McCain and his running mate, Alaska Gov. Sarah Palin, responded in a joint statement, slamming Mr. Obama for supporting higher taxes and protectionist trade policies that will "make hard economic times worse."
"We oppose harmful attempts to just 'spread the wealth,' " they said. "Our job-creating economic plan is the best path for the economy and includes the types of policies that the Congress should consider."
The Democratic presidential nominee led Mr. McCain by five percentage points in a nationwide CNN poll Monday, and state-by-state surveys show him up in at least eight states Mr. Bush won in 2004.
Nothing like a handy dandy little graphic to set things straight...
Snoopy, unless you made that graphic yourself, you are supposed to provide your source. Otherwise, you are engaged in plagarism here.
I'm sure you just forgot, but you can rectify that now.
Nice Graphic, Oh Great Beagle. Would like to see a corresponding one showing how the two candidates plan to pay for the cuts necessary to balance the budget. JSM's would require a butcher knife, while BHO's would require a scalpel, but it looks like both require cuts that Steeeeeeve says are not in the budget. Also, are the figures shown based on current tax rates or rates that would exist if those rates are allowed to sunset as they are supposed to do under current conditions?
There is no hop e for the Washington Times. The owner is Sun Yen Moon? there hasn't been muchs truth coming off its printing presses in years. Some how though they survive!!
Raising taxes on anyone in this environment is just not the right thing to do. Spending cuts is what we need. Businesses exsist to make money. Raising any businesses taxes whether that be a small business or a large corporation will only increase their operating costs and drive UP the prices of their products and services. It will also most likely cause them to have to cut down their labor force because as you know, labor is one expense that owners have control over.
That means that going out to eat is going to cost more. That means that movie tickets are going to cost more. That means hello to $4 a gallon gas. Businesses are not going to "pay" taxes. They will pass the added taxes (expense) on to the consumers.
Wow, that's some new material.
In defense of support.pat9253, his material is at least as new as "Obama wants to use a scalpel, McCain wants to use a butcher knife."
The fact is that Obama will raise taxes, AND cut them. So will McCain. The difference is, Obama will cut the taxes of the middle class and raise them on the rich (horrors!), McCain will continue the Bush policy of tax cuts for the rich. There's nothing technically dishonest by saying that Obama will raise taxes. I wish Obama had just said in each debate "I'm going to raise taxes on the rich and cut them for the middle class," period. Because you can't cut them for everybody without busting the budget even worse than it already has been.
Spending cuts is what we need.
Why fo you people keep haroping on this?! CUTTING SPENDING will have the effect on the economy as RAISING TAXES will. Government spending help the economy! Where do you think this money goes?! It goes INTO THE ECONOMY!!! It goes to individuals and businesses who sele their goods and service to the gov't and then in turn spend that money on other people's good's and services. If you eliminate that you WILL HURT THE ECOMONY!!!
That's the part that McCain leaves out every time he mentions that the last guys to raise taxes in a recession was HERBERT HOOVER. Well, there two things actually. 1) That Hoover was a Republican. 2) That he not only raised taxes, but also CUT SPEDNING. BOTH of which HURT the economy!!!
I wish you people would take (and pass) a basic economics course before you go rambling on about spending cuts as if, in and of itself, cutting spending would do ANYTHING AT ALL to help.
There is no way either of the them can make tax cuts.....we are already in dept 700 trillion dollars and Obama wants to spend another trillion on new spending. Where do you think this money comes from?? Me & YOU the middle class. Bill clinton ran his entire campaign on a hugh tax cut plan and guess what he did when he got into office?? RAISED TAXES. There needs to be a spending freeze, a cut on some of the organizations that are receiving special checks from the government! Obama....OH NO!