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McCain Campaign Press Release - JUST WORDS: Obama's Four Tax Plans In Four Days

October 28, 2008

ARLINGTON, VA -- Today, the Obama-Biden campaign has outlined their fourth tax plan in just four days. Now they are saying that those making between $150,000 and $250,000 would not see their taxes increase or receive a tax cut. Under that formulation, is Barack Obama still giving a tax cut to 95% of American people? Has Barack Obama been giving the American people straight talk on the campaign trail when he says if they make less than $250,000 a year they would receive a tax cut? Check out below Barack Obama's ever-changing tax plans:

DEFINITION #1: The Obama-Biden Campaign Says Families Making $250,000 A Year Or Less Would See A Tax Cut

In July 2008, Barack Obama Said: "If You Make $250,000 A Year Or Less, We Will Not Raise Your Taxes. We Will Cut Your Taxes." (Barack Obama, Remarks, Powder Springs, GA, 7/8/08)

In August 2008, Obama Economic Policy Adviser Jason Furman Said That Barack Obama "Would Cut Taxes For Almost All Of The Families Making Less Than [$250,000]." FURMAN: "Finally, and perhaps most importantly, the op-ed today makes a very important point that, while Barack Obama would not raise taxes for any family making below $250,000 -- in fact, it would cut taxes for almost all of the families making less than that -- Senator McCain cannot make a similar promise for his tax plan because, for the first time in history, he would make families pay taxes on the health insurance that they get from their employers." (Obama For American, Press Conference Call, 8/14/08)

In October 2008, Governor Ted Strickland (D-OH) Delivered The Democrat Radio Response Saying That Those Making Less Than $250,000 Would See Lower Taxes. "He'll restore the middle class by cutting taxes for small businesses, and for 95 percent of workers and their families, including 5.7 million in Ohio. If you make less than $250,000, you won't see your taxes go up one single dime. In fact, your tax rates will be lower than they were under Ronald Reagan." (Governor Ted Strickland, Democratic Radio Response, 10/4/08)

DEFINITION #2: On Saturday, The Obama-Biden Campaign Releases A New Ad Bringing The Threshold Down To $200,000 From $250,000

In New Obama Ad -- "Defining Moment" -- The Threshold For The Obama Tax Plan For Families Seeing A Tax Cut Is Lowered From $250,000 To $200,000. OBAMA AD: "The Obama Plan: Families Making Less Than $200,000 Get Tax Cut." (Obama Ad, "Defining Moment," 10/25/08)

Barack Obama: "If You Have A Job, Pay Taxes And Make Less Than Two Hundred Thousand Dollars-A-Year, You'll Get A Tax Cut." (Obama Ad, "Defining Moment," 10/25/08)

DEFINITION #3: Yesterday, In An Interview With A Scranton, PA, News Station, Joe Biden Said That Only Families Making Under $150,000 Would Get A Tax Cut

Joe Biden: "Spreading the wealth was not--he was talking about is all of the tax breaks have gone to the very, very wealthy. For example you have right now, this year, under the old tax policy that was just that was put in by George Bush, people making an average 1.4 million a year, good people, decent people, patriotic they're going to get an $87 billion tax break. What we're saying is that $87 billion tax break doesn't need to go to people making an average of 1.4 million, it should go like it used to. It should go to middle class people -- people making under $150,000 a year." (Joe Biden, Interview With WNEP Scranton, 10/27/08)

Watch it here: http://www.youtube.com/watch?v=zAEE1_IUycs

DEFINITION #4: Today, Contrary To What Barack Obama Is Telling The American People On The Campaign Trail, The Obama-Biden Campaign Said Those Making Between $150,000 And $250,000 Would Not A See A Tax Increase Or Tax Cut

Today, Obama-Biden Campaign Aides Said That Those Making Between $150,000 And $250,000 Will Actually Not See A Tax Increase Or A Tax Cut. "Biden aides say his comments were actually consistent with Obama's tax plan -- people under $150,000 get a cut, and people making up to $250,000 stay the same." (Mark Murray and Mike Memoli, "$150,000 Vs. $250,000," MSNBC's "First Read" Blog, http://firstread.msnbc.msn.com, Posted 10/28/08)

John McCain, McCain Campaign Press Release - JUST WORDS: Obama's Four Tax Plans In Four Days Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/294336

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