Saturday, October 25, 2008

Barack Obama's Tax Myth

McCain Early Morning Memo

"Sen. Barack Obama claims that if only we let him raise taxes on a measly 5 percent of 'working Americans,' he could do great things.

Well, that sounds just peachy. Tax the rich, give to everyone else. Except there's one little detail the national media don't seem to like pointing out. The math doesn't add up.

Numerous organizations, including the Associated Press, have noted that Obama's proposals spend hundreds of millions of dollars more than his tax hikes raise. What is less well known is that Obama's tax plan itself sends out of Washingto n far more than it brings in. Obama's campaign twice admits that in the wording of the tax plan (Read the Full Article Here).

- The New Hampshire Union Leader

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