Obama vs. McCain on Taxes

Are the 2001 and 2003 reductions a good or bad issue for Republicans?

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Barack Obama slammed John McCain yesterday on his support of the 2001 and 2003 Bush tax cuts, measures he originally voted against: "He made a decision to reverse himself on that.... That was how, I guess, you got your ticket punched to be the Republican nominee. But he was right then, and he's wrong now."

On the same day Obama made that criticism, Senate Democrats in Congress voted to let half the Bush tax cuts expire in 2010 while House Democrats voted to let them all disappear.

My take: Isn't Obama basically guilty of somewhat the same thing he's charging McCain with? Obama has been against the 2001 and 2003 tax cuts, yet now he says he would keep roughly half of them. Obama is also apparently saying that it would have been better had middle- and lower-income Americans received no tax relief from the 2001 and 2003 cuts, since it also meant tax relief for upper-income folks. Can't McCain say, "If Barack Obama'sview had won out, the average American—not the rich, mind you—would have paid a trillion dollars in higher taxes since 2001, and now his Democratic friends in the House want to get rid of the tax cuts and credits you have enjoyed since then." The tax issue will be a biggie in the fall.

Obama, Barack
McCain, John
2008 presidential election

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