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December 2, 2008 10:20:26 PM CST


tax policy

tax policy news stories

4 Stories

ANALYSIS

McCain's Final Strokes Paint Obama With Lefty Brush

Democrat's tax plans amount to 'welfare,' Republican charges

(Newser) - John McCain criticized Barack Obama’s economic plans yesterday as the Republican focuses on portraying his opponent as a tax-and-spend liberal with a socialist vision for America, the Los Angeles Times reports. McCain had hoped to iconic plumber Joe on his tour of central Florida, but Joe Wurzelbacher refused. Instead, McCain appeared with several small-business types, including a florist and sports-bar owner. More »

ANALYSIS

With Economy Uncertain, So Is Obama's Plan

Presidential hopeful's top priorities would cost hundreds of billions

(Newser) - Presumptive Democratic presidential nominee Barack Obama promises change, but if he’s elected in the current uncertain economy, those changes may come later rather than sooner, the Wall Street Journal reports. Obama’s big economic priorities–government-sponsored health care for millions, greenhouse-gas reductions, and tax increases—leave the government with a tab in the hundreds of billions and face opposition, even within his own party. More »

ANALYSIS

Candidates Differ Most
Widely on Wealthy

McCain says tax cuts for wealthy will fuel economy; Obama sees taxing as means to an end

(Newser) - John McCain and Barack Obama both target the very wealthy in plans to overhaul the tax code, to the opposite effect: Obama would raise their taxes and McCain would cut them. It's the most profound difference in their dueling proposals to stimulate the economy, the Los Angeles Times notes in a piece spelling out the ideas, and despite their "maverick" and "postpartisan" labels, they fall along traditional Republican and Democratic lines. More »

More about:  Barack Obama Election 2008 John McCain tax breaks tax policy

McCain Outlines More Specific
Fiscal Stance

Candidate looks to cut taxes, project fiscal responsibility

(Newser) - How would John McCain run the economy, really? In an interview with the Wall Street Journal , the candidate tried to answer that question, positioning himself as a fiscally responsible defender of the Bush tax cuts. But the candidate’s tax proposals don’t quite add up, the Journal notes, and he contradicted his own website’s statements on Social Security. More »

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