Obama ad focuses on tax cuts
Barack Obama unveiled a new ad today aimed directly at families worried about their finances.
"Can we really afford more of the same?" the announcer asks.
Then the announcer slaps Republican John McCain for wanting to give big corporations and oil companies hundreds of billions of dollars in tax breaks by cutting the corporate income tax and by extending President Bush's tax cuts. McCain would offer 100 million Americans "no tax relief at all," the announcer says.
The spot highlights independent analyses that Obama's tax cut plan would mean that three times more in savings for the middle class than McCain. Obama proposes a $1,000 tax break that would benefit 95 percent of workers, and says he would let Bush's tax cuts lapse only for families making more than $250,000 a year.
Obama's campaign said the ad, called "Three Times," will air starting today in Colorado, Michigan, Missouri, New Hampshire, Ohio, Pennsylvania, Virginia, and Wisconsin.
UPDATE: McCain spokesman Tucker Bounds issued this response to the ad: “America’s business taxes are the second highest in the world, and that is driving American jobs overseas. So while American families are hurting and jobs are becoming scarce, Barack Obama is pushing for billions in higher taxes -- it's a recipe for economic disaster.”



Let's just not pay taxes at all and just print money.....then the value of our money will fall across the board and everyone will pay their share of government through their grossly deflated dollars....that is more or less what is happening today. That "They're gonna raise your taxes" scare tactic is such a pathetic joke. There are four basic ways to pay for government:
direct taxation
indirect taxation (debt)
conning someone else to pay it (foriegn wealth funds)
outright theft (international imperialism).
Can we really afford another four years of Texas Hold'em economics?
I'd rather pay taxes up front then having a bunch of scumbag politicians robbing
the present and future value of my IRAs on a daily basis.
Grow up America!
If the Bush/McCain theory that giving businesses better tax breaks than the rest of us really worked, why is our economy in such sorry shape? Why is the gap between the rich and the poor in this country much wider than it was before McBush took office?
McCain admits he know very little about the economy. He can only repeat the policies of Bush who has run up the worst deficits since Ronald Reagan. McCain will be looking for other wars to get us into and will further drive our economy into the dirt. A weak dollar due to heavy debt drives up the price of oil and hurts everyone except Big Oil who will receive huge subsidies under McCain. He can barely answer a question in front of a live audience. McCain is not bright, not competent, is a tool of the Bushies who are managing his campaign. If he can't manage his own campaign without the help of the Big Lie and smear tactics of Karl Rove he certainly can't handle the US economy.
Wow. Does anyone proofread these things?
"Then the announcer slaps Republican John McCain for wanting to give big corporations and oil companies hundreds of billions of dollars in tax breaks by cutting the corporate income tax and by extending President Bush's tax cuts."
"The spot highlights independent analyses that Obama's tax cut plan would mean that three times more in savings for the middle class than McCain."
"The ad spot highlights results from independent analysts: compared to McCain's tax cut plan, Obama's plan would result in three times more in savings for the middle class."
Who said that we need to do this?
- A heavy progressive or graduated income tax.
- Abolition of all rights of inheritance through significant inheritance taxes.
- Centralization of the means of communication and transport in the hands of the state.
- Extension of factories and instruments of production owned by the state or through heavy regulation by the state.
- Ease of workers to form labor unions through the abolition of secret and private unionization elections.
Was it Barack Obama??
Was it Karl Marx & Frederick Engels (The Communist Manifesto)??
Was it Both??
Let's tax the corporations more, much more, like France did, and make them let us have a month off a years (August would be great) and more benefits to all employees, even company cars to mid level employees like France, and less hours per week, let's say 30 hour work week; then let's tax the rich, anyone making over $60,000 a year................then let's have free health care, free child care, free everything, the govenment can afford it.................Well, we'll end up in real trouble and no longer will be a strong nation; the corporations will no longer have research and development, no company will want to do business in the U.S. (as U.S. and other nations do not like to do business in France.) Let's let the government take care of all our needs so that we can become fatter and lazier than we are today. Obama will do this to us. Perhaps some of us rich folks that make over $60,000/year can move to a foreign country and pay less tax as the English do.
Everything that Osama Obama says fills me with hope! I don't even care that he is lying! He makes me feel so hopeful! He makes me thrilled to have the hope that we can change because we are the ones we have been waiting for! And we can change the hope that makes us the ones that can change the hope that we have to change the hope we have while we wait for ourselves to change! WWWHHHEEEEE!!!!!!!!!!!!!
That's all fine and good except that the corporate tax rate in America is only paid by smaller business who can't afford tricky tax lawyers in the first place. The largest companies in our country often pay less than a third of the on-the-books tax rate due to tax incentives and loopholes. McCain wants to drop the rate and let them pay even less than they are already responsible for, and supposes that the rest of us will be happy to make up the difference, either in higher taxes or in reduction in government services. Our roads are already full of potholes, or police and firefighters are already underpaid, overworked, and insufficient to provide effective coverage in many areas, and our veterans are being treated in filthy facilities if they're being treated at all.
McCain already told us he thinks our unemployment levels are low and our economy is in good shape, do we need the jobs that these big business tax cuts are supposed to bring? Not according to him. It would be nice if Mr. Straight Talk would quit the doubletalk and cut to the chase: he and his rich Neocon buddies think there's more fleecing to be done and he's running for president to make sure it will happen.
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