Quote:
THE FACTS: The Tax Policy Center, a think tank run jointly by the Brookings Institution and the Urban Institute, concluded that Obama's plan would increase after-tax income 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.
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.
Now, use a little common sense, if you have any. In another thread, a poster quoted an article from "TECHNOLOGY REVIEW" where experts said that a car (with an internal combustion engine) fueled with hydrogen would produce MORE CARBON DIOXIDE than current cars fueled with gasoline. The first law of physics states that you can not create or destroy matter. In order to produce more co2, you would have to be introducing MORE carbon molecules than with gasoline. But, hydrogen does not contain any. IMPOSSIBLE.
From what I've seen of Obama's tax plan, the same holds true. If it were following the laws of physics, it would be impossible. Believe only half of what you read, because the so-called experts can be just as biased as the news media.