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Earned Income Tax Credit: why isn't Obama pushing back harder on McCain?

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HeraldSquare212 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-08 01:23 PM
Original message
Earned Income Tax Credit: why isn't Obama pushing back harder on McCain?
McCain is calling him a socialist because he wants to give money to (more) people who don't pay income taxes because their income is too low. That's called the Earned Income Tax Credit. It was started in 1975 (President Ford) and vastly expanded by Ronald Reagan (1986). It has typically had bipartisan support. It's intent is to ENCOURAGE PEOPLE TO WORK by supplementing their income if their income is below poverty level. These people pay all other taxes typically deducted from paychecks, including state and local taxes. They are contributing to the economy and society and they are not being penalized for working by having an income that might be lower than welfare payments without the credit.

I don't understand why Obama doesn't lay out some simple facts there. McCain keeps saying, He wants to give a tax break to people who don't pay taxes! as though that is some novel or radical idea.

There's more, and some background on McCain's support for EITC, here: http://www.dailykos.com/story/2008/10/18/1351/6344

That's not my blog and I don't know the person, I just thought it had a decent summary.

He should say something like this:

"John McCain says Ronald Reagan is his hero. Well, I guess he worships socialists, then, because Ronald Reagan created the tax credit. and I guess he is a socialist, because John McCain supported the tax credit. but folks what's really going on here is this: the straight talk express derailing once again. John knows the truth. He doesn't have any plans of his own, so he's got to make things up."
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Eric J in MN Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-08 01:29 PM
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1. Because most Americans think of themselves as "middle class"
...and so Obama wants to emphasize his middle-class tax cut proposal instead of help for workers who are poor.
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SoonerPride Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-08 01:30 PM
Response to Original message
2. He should keep doing what he's doing, making fun of that old fuckface.
Edited on Wed Oct-29-08 01:33 PM by SoonerPride
That seems to be working just fine.
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grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-08 01:31 PM
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3. Its too late in the campaign to make any nuanced arguments
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-08 01:33 PM
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4. Because he's a fucking idiot, and you should be the one running his incompetent campaign.
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-08 01:39 PM
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5. It's also one of the most complicated tax breaks to figure out. nt
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