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Originally Posted by Seaver
Obama openly admits he wants to raise taxes. This, combined with the credit/mortgage/oil problems would only cause more problems.
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seaver...when did Obama admit he wants to raise taxes? You should really fact-check once in a while.
Obama is in favor of making Bush's 2001 and 2003 "temporary" tax cuts (yes, they were proposed by Republicans and enacted as
temporary rate reductions) permanent for about 94 percent of tax payers and finance it by allowing those temporary cuts for taxpayers over $200k to expire at the end of 2010.
An alternative Obama proposal is a yearly tax credit of $500 for individuals/$1000 for families (in the bottom 2-3 brackets) as well as making seniors exempt from income taxes if they make less than $65k.
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One large aspect which McCain will try to do is drag our over-inflated government kicking and screaming to stop christmas tree'ing.
It was the ONE promise Dem's talked about in '06 which I wanted to see, where they can't tack-on $150mil to pig farmers on a military body-armor bill. Of course they forgot about that promise when they had the power to tack on the bills, but McCain is making it a large part of his fiscal policy.
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More of the earmarks in the last supplemental bill came from Republicans in Congress (and the White House) than from Democrats.
I wonder how he will explain his so-called anti-lobbyist/anti-special interest "fiscal policy" to the more than 100 lobbyists either in his campaign or bundling fund raising for his campaign.