Allison (and others) - the fundamental difference in the two plans in this: McCain is talking about lowering everyones tax bill. Obama is talking about using refunable tax credits to redistribute income, NOT just 'tax cuts'.
Under the McCain ideas, if you already don't pay income taxes (which can be done on income up to about $40,000 for a family), then you wouldn't have a tax to cut. Under the Obama ideas, that same family would get additional refunds from the IRS, even without paying taxes.
That's the difference being thrown about. Tax reductions vs redistribution of income through taxes. The former is a bad idea & the latter is evil.
In my opinion, wrong. See above. The difference in McCains plan and Obama's is miniscule. Both require almost the same percentages from the tax rolls going into the non tax payers. Whether in the form of a tax credit or a dollar, the result is the same. Thats why they include the tax credits in their computations.
I remember back in the Clinton years. For those that remember you know what I am talking about. When there was a big debate over the funding for Medicare, the difference was actually small. I think I remember that govt spending per person was around 4000 dollars per year. The proposal before congress was the increases spending to medicare by either side. The difference in spending by the two parties plans was something like 300 dollars however the Democrats would go on tv on show after show maintaining that the Democrats plan was right and the Republican plan was going to ruin the welfare system. They made the same talking points even while the interviewers were pointing out the small differences. Well, the public obviously didn't know the details and the Democrats finally won and made the Republicans the bad guys. In so doing the Democrats made the Republicans seem as though they were against welfare.
This is what you come up with. Not comparing. When the comparison is there labeling one as tax cuts and the other as redistribution of wealth.
Right. If you care for demonizing and winning your point you may make that stick. If you care about fairly putting out comparisons your views are the same ilk that the Democrats practiced on the Republicans.
The result is that both McCain and Obama are planning to assist the nonpaying or lower income of this country. Rather than come out for or against you think the differences are good or evil.
Shame Shame and the public will stay ill informed. I read several articles that were the same cut and paste as PH posted above about Obama's plan. None made mention that McCains were almost the same. Or even mentioned McCains tax plans. Goooood demonizing.
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