The Numbers

I's surprised that anyone would think Obama wouldn't raise taxes. He's promised millions more than could ever be raised by taxing the top 5% of wage earners. Where do his followers think the money will come from to implement all those programs.

ANSWER: From every American! No thanks!

If you make less than $250,000 a year and you vote for McCain, you're voting to take money out of your own pocket. Under McCain's plan...the more you make, the less you pay. Do the math people. Obama's tax plan is the best plan for middle and lower class people.

Its one of those claims that gets so much applause.

"I told Congress 'thanks but no thanks,' to that bridge to nowhere," Alaska Gov. Sarah Palin has said over and over on the campaign trail, CBS News correspondent Wyatt Andrews reports.

Palin just won't let it go. But the truth is the governor never rebuffed Congress. Here are the facts.

After a year of supporting the proposed bridge, near Ketchikan, Palin pulled state funds from the project, which killed the bridge for good, but she never said "no thanks" to the Federal funds promised by Congress - $233 million.

In fact, here's the list of how Palin is spending those federal tax dollars - on other highway projects around Alaska. As a candidate for governor, she defended every dollar for roads and bridges the state could wrangle from Washington, according to the Congressional Record and the Alaska Department of Transportation.

"I'm not going to stand in the way of progress that our Congressional delegation in the position of strength that they have right now, they are making those efforts for the state of Alaska," Palin said.

Palin = $450 MILLION in EAR MARKS IN JUST TWO YEARS!

Hockey Moms for Obama

Sure, right. Dream on.

dl...apparently you aren't good at math. It's the truth. Confirmed by the independent Tax Policy Institute.

McCain's tax policy follows that of Bush and Reagan and might be likened to the old line that Steve Martin used to use on SNL: How to be a millionaire and Avoid Taxes--- First You Have to Be a millionaire. Unfortunately all too many people are fooled all too easily.

McCain's tax policy follows that of Bush and Reagan and might be likened to the old line that Steve Martin used to use on SNL: How to be a millionaire and Avoid Taxes--- First You Have to Be a millionaire. Unfortunately all too many people are fooled all too easily.

So if McCain is a conservative, where is all that tax money from the lower and middle class going to. Probably that big expensive war in the Middle East. Under the Bush administration, there has been the largest transfer of wealth from the lower and middle class. You would have to be a total moron to think that you would have lower taxes under McCain. Unless of course if you are like the McCains making a lot of money. Perhaps this is why they support the Bush tax cuts.

Hockey Moms for Obama
Regardless of who promises to put money in my pocket, I don't buy it nor do I want someone elses money regardless as to where they got it. We all have an obligation to pay our share. Simply raising the burden on someone to shift it to me will cause the people they got it from to either stop spending their money or if running a business charge us more for their services, in the end we all pay. A better idea would be for the government to control their spending and use any extra to pay down the debt-not the advertised puny 10 trillion but the debt coming for social security and medicare which will make the advertised one look like pocket change.

This is a great article,but unfortunately the Republicans don't read or believe any of the facts ---they have created their own reality.

McCain will raise taxes for almost all Americans because he plans to tax the full value of employer-provided health care insurance. Under current law, employees do not pay a dime for this valuable benefit. McCain would change that by taxing workers for health care insurance as ordinary income at rates at high as 35%. The average value of a family policy is $12,000 to $14,000 annually, so McCain's proposed tax credits of $2500 for individuals and $5000 for couples will not even begin to make up for the increased tax burden McCain plans to impose.

The middle class also gets little benefit from McCain's tax cut plan, a paltry $319 vs. $1042 in savings under Obama's plan on taxable incomes up to $67,000. If you make $600,000 per year or more, McCain is your guy. Everyone below that does much better under Obama's plan.

skye: I wish you luck under Obamas plan. With all the programs and big plans to spent money, if you think the top money maker will cover it you have a serious problem. People need to remember that we "the people" are the government. The government dosen't make money except from "the people". There are alot of people who pay NO TAXES, but receive checks from "the people" every month. I don't care if they are handicapped. They should receive money. But, there are to many people with their hands out and we just can't keep doing this. If you will remember 2 years ago thing were much better than today. No high gas and food prices, etc. When the Dems. took over they really messed everything up. This was done to try to put Obama in the White House. The Dems believe that the American prople are stupid. Are We?

OBAMA IS A LIAR. 95% TAX CUT. WHERE THE MONEY FOR HIS EARMARKS?
STUPID MATH

Barbara,
Obama would pay for his health care plan by gradually reducing the troop commitment in Iraq, cutting other government spending and increasing income taxes on those who have taxable incomes in excess of $2.3 million annually. By the way, that's not much of a burden for these folks because they got virtually all the gains from the increased productivity of American workers since 2001.

As for the economy supposedly being good before the Dems took control of Congress in January 2007, how do you spell real estate b-u-b-b-l-e? The boom times were phony, in case you haven't been paying attention, and, oh yes, gas prices have been rising since Bush took office.

What did you expect with two oilmen from Texas in the White House?

Anyone with any economic sense will realize that Obama will strangle the economy. You actually think he will give tax breaks to 95% of the people. He plans to kill the current tax breaks most people are getting, raising capital gains tax thereby discouraging investments, raising payroll taxes on small businesses thereby increasing costs on goods and services and causing people to lose jobs. He plans to stifle free trade in order to "keep american jobs here." But all the expert economists agree that this would be a major disaster. Read "Trading Up" - the full 20 page text not the summary by Daniel Griswold an economist from the Cato Institute - an independent think tank containing the best economists in the U.S. Retooling is the way to go for outsourcing as there is a net wash between outsourcing and new jobs because of free trade (with better pay) according to the Cato Institute - a concept that John McCain understands and sadly Obama does not.

Personally, I think that the rich people should be taxed more. People who work hard every day of their life and struggle to make ends meet are the people that need the most help. People who could afford numerous houses and yachts and other luxuries could afford to pay more in taxes. It is simple "The more you make, the more they take"

Obama proposes to restore the tax rates that existed during the 1990s for taxable incomes in excess of $250,000
annually, while reducing taxes substantially for everyone else. The economy did very well under the Clinton administration; Republicans made similarly dire predictions of economic catastrophe then, which never materialized.

BTW, if you think Cato is independent, you might like to buy my bridge. Cato is universally recognized as a conservative/libertarian mouthpiece--
they shill for big business and don't give a rat's tail about the American middle class.

McCain & Palin are liars. They have lied a about the BRIDGE and EARMARKS, their TAX CUTS what next? Is this the type of President you want?

I make around 250- 260k a year and I work hard for it. I DO NOT SUPPORT Obama and his 39% tax bracket forget it.