Wonk Room » In New Ad, McCain Touts ‘Middle Class Tax Relief’

In New Ad, McCain Touts ‘Middle Class Tax Relief’

By Sarah Dale on Mar 28th, 2008 at 3:48 pm

In New Ad, McCain Touts ‘Middle Class Tax Relief’»

Today John McCain posted a new television ad featuring his promise of “Middle Class Tax Relief.” Watch it:

Here’s a closer look at the details of McCain’s tax relief plan:

– Provides only 9 percent of its benefits to the bottom 80 percent of taxpayers
– Provides 58 percent of its benefits to the top 1 percent
– Would require, if paid for, massive cuts in benefits for middle-class taxpayers

So…what middle class tax relief!??!

Comments

6 Responses to “In New Ad, McCain Touts ‘Middle Class Tax Relief’”

christopher wiwi Says:

Re-pukes wouldn`t know a middle class tax relief if it hit them in the head.
March 29th, 2008 at 1:33 am
fletc3her Says:

It’s a voodoo tax cut. Bill Gates alone gets as big a tax cut as the entire middle class and somehow magically that trickles down and benefits us all. Because, you know, Bill Gates can never buy enough stuff!
March 29th, 2008 at 2:30 am
Marie Says:

McCain only speaks in slogans eaily memorized — they mean nothing. Middle class tax cuts — they consider anyone making $500,000- $1,000,000/year as middle class — because most of them make multiples of that.
Everything is relative to them.
The rest of us trying to buy food, gas, and keep up with the mortgage are not even on their radar.
March 29th, 2008 at 11:44 am
Mugsy Says:

McCain has repeated that he wants to “make the Bush tax cuts permanent.” But I don’t think I’ve ever heard him acknowledge that the vast majority of the benefit goes to the top 5-10%.

So, if he is to keep the Bush tax cut AND add a “middle class tax cut” AND keep troops in Iraq for “100 years”, how does he intend to pay for it all? Bush’s answer has been to borrow it, which has exploded the Debt and additional $5TRILLION in just 7 years.

What does McCain think would happen to the Debt under his plan?

It’s horrifying that Republicans don’t seem to think the size of the National Debt is a problem, nor do they see anything wrong with it spiraling out of control. The term “fiscal conservative” drives me batty because it it used to mean the EXACT OPPOSITE of what they actually do.

They are fond of saying “you can’t tax your way to prosperity” when attacking Democrats, but neither can you “increase tax revenues by slashing taxes indiscriminately. Not once in history has cutting taxes increase tax revenues like they claim.

When we wasting spending HUNDREDS OF BILLIONS of tax dollars paying interest on the Debt instead of actually spending it on the American people, that’s deplorable. Someone needs to ask McCain what would happen to our National Debt after all these “tax cuts”, and if he believes that the size of the Debt matters.
March 30th, 2008 at 6:39 pm
williamf Says:

John McCain, Senator, war hero, savior of the middle class?
March 30th, 2008 at 9:10 pm
christopher wiwi Says:

#4, He can`t let on that these cuts are only for the top 1% ,because then the lower income blue collar type of re-pukes that I work with would know that they are not recipients of the tax cuts, when I tell them they don`t believe me because I belong to a party of liers(democrats) that will say anything.These guys are literaly living the “NOBLE LIE’ every minute of the day.
March 31st, 2008 at 11:22 am