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TAX POLICY CENTER OUTLINES CANDIDATE PLANS
June 12, 2008
The center-left Tax Policy Center has produced an analysis of the Obama and McCain tax plans. The TPC Blog, TaxVox, summarizes:
In the first detailed analysis of the Barack Obama and John McCain tax plans, the Tax Policy Center has run their proposals through the Big Computer and discovered that their schemes are, well, painfully predictable. Each would raise the national debt by trillions of dollars. Obama would use the money to provide modest tax cuts to low- and moderate-income people while imposing stiff tax hikes on the very wealthy. McCain would cut taxes a bit for the working-class and a lot for the rich.
The only comfort is that they are both politicians, so there's a good chance they are lying.
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