PALIN: "The Democratic nominee for president supports plans to raise income taxes, raise payroll taxes, raise investment income taxes, raise the death tax, raise business taxes, and increase the tax burden on the American people by hundreds of billions of dollars."
THE FACTS: The
, a think tank run jointly by the Brookings Institution and the Urban Institute, concluded that Obama's plan would increase after-tax income [emphasis mine] for middle-income taxpayers by about 5 percent by 2012, or nearly $2,200 annually. McCain's plan, which cuts taxes across all income levels, would raise after tax-income for middle-income taxpayers by 3 percent, the center concluded. Tax Policy Center
Obama would provide $80 billion in tax breaks, mainly for poor workers and the elderly, including tripling the Earned Income Tax Credit for minimum-wage workers and higher credits for larger families.
He also would raise income taxes, capital gains and dividend taxes on the wealthiest. He would raise payroll taxes on taxpayers with incomes above $250,000, and he would raise corporate taxes. Small businesses that make more than $250,000 a year would see taxes rise.
Oh, and another thing, boo hoo McCain. Is the media being to "mean" by asking questions trying to figure out just who Palin is? Sucks to be you. Just like it has sucked to be Barak Obama and Hilary Clinton during the exhausting Democratic primary race. If you want to run an unknown candidate then don't be surprised when the talking heads ask you probing questions and challenge your talking points. Obama already walked that gauntlet. Biden didn't really need to as he has been on the scene so long. Take your medicine big boy.