Obama campaign dispells myths created by McCain

Posted by Staff on August 14, 2008 |

The Obama Campaign held a teleconference today outlining the senator’s tax plan. Speakers stated that families making less than $250,000 a year could expect to see their taxes drop, while those making more than that would see increases. Obama would also reduce the capital gains and dividends taxes. Overall, the US would be taking in less revenue then it has in recent years. Speakers also dispelled myths created by the McCain campaign, which claim that a Democratic tax plan would cause a recession (34:09)

 
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August 14, 2008
« Obama promises tax cuts for middle class, increase for the wealthy
McCain campaign fires back at Obama »
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