Taxing my patients.

If there is one thing that the RNC is REALLY good at, it's repeating , misinformation until the average Joe thinks it's the true.

I still have people (whom I consider intellegent and aware) telling me, "But I hear from non-"Faux News" sources that Obama is going to raise our taxes and put the country in debt from his proposals.
As for the taxes, this is just plain WRONG (unless you make more then $200,000 and even then it would only be a 1% increase). As for increasing the debt, the Republicans have done this for 8 years and McCain's plan will continue to do this.

So, according to the Tax Policy Center, both candidates will increase the debt.
McCain does so while offering a larger tax cut then Obama but McCain would give the bulk of those cuts to about 5% of the tax payers (the highest income brackets).
McCain would essentially be continuing the "tax cuts" that the Bush Administration ram-rodded through a Republican controlled congress.

Obama on the other hand, would maintain the "Bush Tax Cut" but turn it upside down, giving the tax cuts to the lower and middle classes while covering some of these cost by increasing taxes on those highest income 5%.

Here is some info -
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http://www.taxpolicycenter.org/publications/url.cfm?ID=411750

This short paper summarizes the Updated Analysis of the 2008 Presidential Candidates' Tax Plans: Revised September 15, 2008
Abstract

Both John McCain and Barack Obama have proposed tax plans that would substantially increase the national debt over the next ten years, according to a newly updated analysis by the non-partisan Tax Policy Center.
Compared to current law, TPC estimates the Obama plan would cut taxes by $2.9 trillion from 2009-2018. McCain would reduce taxes by nearly $4.2 trillion.

Obama would give larger tax cuts to low- and moderate-income households and pay some of the cost by raising taxes on high-income taxpayers. In contrast, McCain would cut taxes across the board and give the biggest cuts to the highest-income households.