Mostly rational politics, with occasional rants about how a few crazy Republicans are ruining the country.
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Thursday, September 11, 2008
I'm just so sick of it
“Sarah Palin is the most remarkable success story in the history of American politics,” - Fred Thompson
A McCain ad saying Obama supported "comprehensive sex education" for kindergartners.
Another saying Obama will raise taxes on the middle class.
Here's what I'd like to see: A debate where the only topics discussed are third-party assesments of the candidates' plans. For example: a segment where Brian Williams or whoever starts with the summary findings (below) of the Tax Policy Center's review of each plan, and asks each candidate to react.
Both John McCain and Barack Obama have proposed tax plans that would substantially increase the national debt over the next ten years, according to a newly updated analysis by the non-partisan Tax Policy Center. Compared to current law, TPC estimates the Obama plan would cut taxes by $2.9 trillion from 2009-2018. McCain would reduce taxes by nearly $4.2 trillion. Obama would give larger tax cuts to low- and moderate-income households and pay some of the cost by raising taxes on high-income taxpayers. In contrast, McCain would cut taxes across the board and give the biggest cuts to the highest-income households.
The Obama plan would reduce taxes for low- and moderate-income families, but raise them significantly for high-bracket taxpayers (see Figure 2). By 2012, middle-income taxpayers would see their after-tax income rise by about 5 percent, or nearly $2,200 annually. Those in the top 1 percent would face a $19,000 average tax increase—a 1.5 percent reduction in after-tax income.
McCain would lift after-tax incomes an average of about 3 percent, or $1,400 annually, for middle-income taxpayers by 2012. But, in sharp contrast to Obama, he would cut taxes for those in the top 1% by more than $125,000, raising their after-tax income an average 9.5 percent.