Even the NYT Can’t Save Obama Tax Plan
Try as it will the NYT fish wrap continues to bias its reporting in support of Obama but cannot do it effectively as even the Obama camp lowers expectations. With taxpayer interest groups favoring McCain over Obama and Joe Biden lowering the $250K target for those getting tax breaks to $150K and now the NYT lowering the threshhold to $100K the house of cards of Obama on taxes is simply a joke.
Calling the analysis of tax plans ‘independent’ does not make it so. The Tax Policy Center, The Urban Institute as well as the Brookings Institution are not necessarily non-partisan and independent.
When the abstract alone of the candidate tax plans describes them as poor or poorly targeted a closer look would be needed to find support for the NYT claim that Obama’s plan is better for anyone. In the excerpt below one caveat comes from the NYT’s own description that ‘Mr Obama would GENERALLY cut taxes more’ and leaves one with the feeling someone is splitting hairs on this appraisal. And where does the so-called independent analysis state those under $250K would not see a tax increase? And this doesn’t even come close to explaining where Obama gets the money to pay for his trillion dollar spending proposal. Gouging the small group of wealthy citizens who pay the lion’s share of taxes in this country won’t cover it.
Already stated, the most important feature of the Obama tax cutting claim is two-fold. The campaign started with a $250K threshhold, lowered it to $150K and their biggest media friend only allows a $100k threshhold to promote the plan. Secondly, for Obama to have any chance at an agenda if elected he has to contend with Nancy Pelosi, Harry Reid and company. Without their support he doesn’t stand a chance and may not even care if his campaign promises are torpedoed by other Democrats. It would let him off the hook. He could simply say, gee, I tried but Harry and Nancy wouldn’t let me. Just like Kennedy told Hillary she couldn’t play, he was choosing Obama along with the remainder of the DNC elite and the main stream media.
This is another reason to vote for McCain/Palin
Stanford Matthews
MoreWhat.com
For Incomes Below $100,000, a Better Tax Break in Obama’s Plan
By STEVEN GREENHOUSE
Published: October 30, 2008
