Wednesday, August 13, 2008

McCain Lies About Obama's Tax Policy Again and Again.

McCain released three new ads with multiple false and misleading claims about Obama's tax proposals.

A TV spot claims Obama once voted for a tax increase "on people making just $42,000 a year." That's true for a single taxpayer, who would have seen a tax increase of $15 for the year – if the measure had been enacted.

But the ad shows a woman with two children, and as a single mother, she would not have been affected unless she made more than $62,150. The increase that Obama once supported as part of a Democratic budget bill is not part of his current tax plan anyway.

A Spanish-language radio ad claims the measure Obama supported would have raised taxes on "families" making $42,000, which is simply false. Even a single mother with one child would have been able to make $58,650 without being affected. A family of four with income up to $90,000 would not have been affected. The TV ad claims in a graphic that Obama would "raise taxes on middle class." In fact, Obama's plan promises cuts for middle-income taxpayers and would increase rates only for persons with family incomes above $250,000 or with individual incomes above $200,000.

TPJ: If you're making that kind of money then you're not middle-class and you can afford to pay a little. It's the middle-class that has built this country, they are the backbone of the economy-not the wealthy. Sure the rich play an important role but without the "worker bees" this country would have folded long ago and is why it's failing economically right now.

The radio ad claims Obama would increase taxes "on the sale of your home." In fact, home-sale profits of up to $500,000 per couple would continue to be exempt from capital gains taxes. Very few sales would see an increase under Obama's proposal to raise the capital gains rate.

TPJ: We need to re-establish the advantages to the working class and Obama is the candidate for doing just that. McCain is using these misleading ads because he knows this and is counting on Americans not doing their own research into the ad's claims. He is trying to distract people from the fact that his tax policy basically mirrors that of George W. Bush and we all know how beneficial his plan has been these past 8 years. It has nearly shattered our economy.

A second radio ad, in English, says, "Obama has a history of raising taxes" on middle-class Americans. But that's false. It refers to a vote that did not actually result in a tax increase and could not have done so.

TPJ: This kind of blatent lie tells me a lot about John McCain's lack of character and integrity. It shows me that he is willing to sacrifice anything for the power of the president. Sure every candidate stretches the truth a bit but these claims by McCain are flat out dishonesty. If he's misleading us now during the election then what hope do we have that a President McCain would be truthful with the American people as president? Ads like these emphasis even more that I don't trust McCain any further than I can throw him. Read the entire four page article by clicking here. It's very enligtening to say the least and if you still support McCain after reading about these dishonest tactics then nothing I can say will convince you. You clearly will support any Republican just because they have an (R) after their name irregardless of their character, judgment and tactics.

Meanwhile, the Government Accountability Office says that most U.S. corporations pay no federal income tax and foreign companies that do business in America aren't paying corporate taxes. So we give free reign to companies wanting to do business here and wonder why we are in a trade deficit and have soaring national debt?

In other news, Senator Joe Lieberman has absurdly stated that Obama hasn't always put country first and the MSM as usual isn't covering it hardly at all. "Senator Joseph I. Lieberman of Connecticut made the attack a lot more explicit, calling the election a choice “between one candidate, John McCain, who has always put the country first, worked across party lines to get things done, and one candidate who has not."

I want someone to demand G.I. Joe Lieberman to detail when and where Obama hasn't put his country first. He can't get away with this slime ball tactic.

UPDATE: McCain just mispronounced the Georgian president's name for the FOURTH TIME calling him Sashkavili instead of Saakashvili (pronounced Saw-Kash-veal-lee). It might be nitpicking to some but if McCain claims to know him as well as he says you'd think he'd know how to pronounce his damn name!!! It fits into the narrative that he's not as sharp as he use to be as this isn't the first time he's made such foreign policy flubs. Remember when he mixed up Sunni, Shia, Iran and al-Qaeda? I don't know about you but I tend to trust a candidate who knows the difference between factions more than one like McCain who gets confused sometimes. These mix-ups scare me. There are many more examples of this kind.

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h. said...

Thanks for posting this J. I knew there was something fishy about these ads- that Obama increase would only affect the super rich but I didn't know the details.

Thanks for making this clear for me. I appreciate you taking the time to post about all this stuff- It's like you read my mind and post what I'm looking for! :)

Shaw Hussein Kenawe said...

According to William Kristol, Colin Powell will endorse Obama. The link is at my blog.

Not sure how I feel about this, if it's true. Colin Powell did not distinguish himself in 2003. But many nervous white people would see him as a non-threatening black, a military guy, and this would help Sen. Obama tremendously.

Handsome B. Wonderful said...


You're welcome!! I really enjoy doing research into this kind of stuff and it makes me happy to know that others benefit from it so much.

Yeah we have a way of reading each others minds.


It looks like from what I've read that he still is holding off on an endorsement.