Sarah Palin Misrepresents Obama's Tax Plan

[Joanne98]

Here's what Palin claimed in her address tonight:

The Democratic nominee for president supports plans to raise income taxes … raise payroll taxes … raise investment income taxes … raise the death tax … raise business taxes … and increase the tax burden on the American people by hundreds of billions of dollars.
What is the truth? A recent Wall Street Journal article by Obama's two top economic advisers gives a clear and complete description of Obama's complete tax proposal. Here is an excerpt:

... his plan would not raise any taxes on couples making less than $250,000 a year, nor on any single person with income under $200,000 -- not income taxes, capital gains taxes, dividend or payroll taxes.
....
As previously mentioned, the Obama plan is a net tax cut -- his middle-class tax cuts are larger than the rollbacks he has proposed for families making over $250,000. Sen. Obama would pay for this tax cut by cutting spending -- including responsibly ending the war in Iraq, reducing excessive payments to private plans in Medicare, limiting payments for high-income farmers, reducing subsidies for banks that make student loans, reforming earmarks, ending no-bid contracts, and eliminating other wasteful and unnecessary programs.
....
Do not take the critics' word for it. Go look at the plans for yourself at www.barackobama.com/taxes.
Also see ObamaTaxCut.com, which allows you to calculate your tax cut under Obama's proposals.

http://econ4obama.blogspot.com/2008/09/sarah-palin-misrepresents-obamas-tax.html

[mth44sc]

1. Misrepresents

seems like a polite word for the lies she told...

[ladjf]

2. Disingenuous outright lies would be a more accurate description.

[kevinmc]

3. yeah and she lied about her backing the Bridge to Dumbfuckistan .... the press will call her .....

on some of this stuff if they ever get a shot at her, we will see if she hides like McCain has been hiding lately.

[AZBlue]

4. She completely lied her way through that paragraph.

[stillcool]

5. I think there will be a lot of fodder...

in that speech.

[4_Legs_Good]

6. OMG!! They "misrepresented" something tonight???

No WAY!

I can't, I don't, I WON'T Believe it!!!!!!

David

[Terri S]

7. She was just reading the wingnut talking points

written for her. She has no clue what Obama's plan is. She probably has no clue what McCain's is. It's right out of the lying tax attack ad and the inaccuracies have already been pointed out. Too bad the media have short memories on purpose. The whole thing was the same warmed over bs they've been spewing for months.

I'll give her this. She can read a teleprompter better than McCain. Now there's a bar to strive for.

[mwooldri]

8. The whole ****ing McSame Campaign is misrepresenting it.

They're running ads here, Dems will spend more, have budget deficits, raise taxes.

I'm not surprised that they're going with this.

It's about time Obama went on the attack against this IMO.

Mark.