The Truth About Barack Obama and Taxes
Even though Barack Obama has proposed a $1,000 tax cut for middle-class families, shadowy smear mongers are pushing misleading rumors about Barack’s tax policies.
The anonymous authors of a recent smear email claim Barack Obama would raise taxes on your income, house, even your water — and just about everything else they could think of.
The non-partisan FactCheck.org found that the deception was deliberate. Now just make sure everyone you know who cares about taxes is aware of this manipulation.
Barack outlines his tax plan at a campaign rally in New Hampshire.
Barack Obama outlines his economic plan.
Snopes.com Debunks Tax Email Smear:
Read this ArticleSenator Obama has NOT proposed a tax on ‘homes more than 2,400 square feet,’ and ‘new gasoline taxes,’ or ‘new taxes on retirement accounts.’
The Non-partisan Urban-Brookings Tax Policy Center Clarifies the Candidates’ Tax Plans:
Read this ArticleSenator McCain’s tax cuts would primarily benefit those with very high incomes, almost all of whom would receive large tax cuts that would, on average, raise their after-tax incomes by more than twice the average for all households. Many fewer households at the bottom of the income distribution would get tax cuts and those whose taxes fall would, on average, see their after-tax income rise much less. In marked contrast, Senator Obama offers much larger tax breaks to low- and middle-income taxpayers and would increase taxes on high-income taxpayers. The largest tax cuts, as a share of income, would go to those at the bottom of the income distribution, while taxpayers with the highest income would see their taxes rise.
The San Diego Union Tribune Highlights Barack’s Tax Cuts for the Middle Class:
Read this ArticleDemocratic presidential candidate Barack Obama is proposing more than $80 billion in annual tax relief for workers and seniors funded by an increase on wealthier investors.
Obama wants to give 150 million working Americans a $500 tax credit, expand relief for homeowners, eliminate income taxes for seniors making less than $50,000 and simplify tax returns so millions of Americans can file in less than five minutes, according to a summary document provided by his campaign.
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