Wednesday, October 29, 2008

Biden's Tax Truth

See, this is how it starts:
Well, will families making less than $250,000 get a tax cut under President Obama, or not? Senator Obama has been saying this for months, but on Monday Joe Biden put the tax-cut income threshold at $150,000 in an interview with a TV station in his beloved Scranton, Pennsylvania. The Biden campaign later clarified -- or at least tried to clarify -- the matter by saying that anyone making between $150,000 and $250,000 wouldn't get a tax cut but also wouldn't pay higher taxes.
Clinton promised a middle-class tax cut when he ran in 1992 and ended up signing off on middle-class tax increase.

I'm not saying McCain can be trusted any more than any other politician but when it comes to cutting taxes, the Republican party has the better record of delivering on its promises than the Democrats. With a House and Senate controlled by Democrats and a Democrat in the White House, there'll be little incentive to keep promises made in the heat of a campaign.

No comments:

Post a Comment