August 22, 2008

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I only have one item today:



So the next time you hear that Obama wants to raise taxes on America and ruin our economy, you will realize this means only raising the taxes on people making over $250k a year, and then lowering them FAR more for the people who really need that extra money. Which directly stimulates our economy since the poor have to spend every cent they get, just to survive.

Or there is the McCain plan, where a family making $48k a year, the national median, sees their taxes cut by 0.7%, whereas a family making over $3 million a year sees their taxes cut by 4.4%.

Source: The nonpartisan Tax Policy Center. CNN also had some more in-depth analysis of the findings, and a response from the McCain campaign, which does not dispute the data in this chart.

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