Rebuking McCain's latest ad, non-partisan Tax Policy Center's analysis shows Obama's tax plan better

[TeamJordan23]

Who'd Give More to the Middle Class

From NBC's Domenico Montanaro

McCain claims in an ad released today that "Obama voted to raise taxes on people making just $42,000. He promises more taxes on small business, seniors, your life savings, your family."

But when it comes to promises, it's worth pointing out that, according to the non-partisan Tax Policy Center's analysis of both candidates' proposed plans, Obama would cut taxes for those making in the range of $38,000 to $66,000 three to almost eight times more than McCain would.

Under Obama's plan, according to the center, by 2009, those making $37,595 would see an average increase in their income of 3.6%, or a tax cut of $892; those making an average of $66,354 would see an increase in their income of 2.4%, or a tax cut of $1,042.

On the other hand, Under McCain's plan, those making $37,595 would see an increase in their income of only about 0.5%, or $113 tax cut; those making $66,354 would see only an increase of 0.7% in their income, or a tax break of $319.

http://firstread.msnbc.msn.com/archive/2008/08/08/1255817.aspx

[sabra]

1. good to see this @ MSNBC First Read - but will we see this on the front page?

[ErinBerin84]

2. I hate how they do all of the fact-checking on the blog, and then never do it on the air.