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Will The Real Tax-and-Spender Please 'Fess up? »

Posted by: TimALoftis 2 months, 3 weeks ago

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Economists of various ideological persuasions, however, view Mr. McCain's assessment as inaccurate or exaggerated. Some also argue that contrary to Mr. McCain's assertions, the Democrat's proposals, if enacted, would actually reduce taxes for the middle class the voters both candidates see as the key to victory.

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TimALoftis2 months, 3 weeks ago

FTA:
In a study of the candidates' plans made public Wednesday, the nonpartisan Tax Policy Center concluded that in contrast to Mr. McCain, "Senator Obama offers much larger tax breaks to low- and middle-income taxpayers and would increase taxes on high-income taxpayers."
The study said, "The largest tax cuts, as a share of income, would go to those at the bottom of the income distribution," whereas "Senator McCain's tax cuts would primarily benefit those with very high incomes."
Other groups that focus on tax and economic policy are preparing similar analyses, but say they regard the Tax Policy Center's assessment as highly reliable, based on its work in the past.
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