McCain Suggests Obama Tax Policies Are Socialist

[IDemo]

By THE ASSOCIATED PRESS
Published: October 18, 2008
Filed at 10:09 a.m. ET

CHARLOTTE, N.C. (AP) -- Republican presidential candidate John McCain on Saturday accused Democratic rival Barack Obama of favoring a socialistic economic approach by supporting tax cuts and tax credits McCain says would merely shuffle wealth rather than creating it.

''At least in Europe, the Socialist leaders who so admire my opponent are upfront about their objectives,'' McCain said in a radio address. ''They use real numbers and honest language. And we should demand equal candor from Sen. Obama. Raising taxes on some in order to give checks to others is not a tax cut; it's just another government giveaway.''

McCain leveled the charge before a pair of appearances aimed at restoring his lead in critical battleground states. In both North Carolina and Virginia, where McCain was to speak later in the day, his campaign has surrendered its lead to Obama in various polls. President Bush, a Republican, won both states in 2004.

The state dips mimic larger national trends that have given Obama a lead over McCain following Wall Street chaos that focused the race on who is best equipped to restore the economy.

http://www.nytimes.com/aponline/washington/AP-McCain.html

[Onlooker]

1. Someone should give this a litte more attention:

http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=213

Check out the tax rate in the 1950s, when Eisenhower was President.

[Warren Stupidity]

2. Raising taxes on some and lowering taxes on others is called a tax policy.

It doesn't cut anyone a check. It adjust tax policy. McCain also intends to adjust tax policy: he intends to lower taxes for the very wealthy and not at all for the rest of us. So under the McCain Plan, using the McCain Logic, the government will be cutting a check for billionaires in a 300,000,000 giveaway to the already very wealthy.

[Triana]

3. Fantastic post from a DUer about this 'class warfare' that McGeritol claims Obama is waging...

Who's REALLY waging it and who HAS been waging it? The very rich and corporations - against the middle class and poor...OH how the GOP projects and what HYPOCRITES they are. They're playing the 'victim'. BUT - they are no more a 'victim' of class warfare than a rapist is a victim of forced sex. Read on...

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http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=4253194