Saturday, July 12, 2008

B. Hussein Obama's Recent Vote on Your Tax Bracket- Surprise!? He Raised Taxes!

From Doug Holtz-Eakin, Senior Policy Advisor for McCain:

In the past three days, much has been written about Barack Obama's vote in favor of a budget resolution that raises income tax rates by three percentage points for the 25, 28 and 33 percent tax brackets. The lowest of these brackets begins at an income level of $31,850.

To explain interrupting his campaign to cast this vote, Barack Obama and his campaign have offered the normal course of excuses and efforts to downplay his actions.

Most conspicuously, they are claiming that this vote is not what Obama promises on the campaign trail. This is true; his words do not match his actions. As concluded, Barack Obama's vote on the FY 2009 resolution "bears no relation to [his] proposed economic plan." That point goes to the heart of the problem with Barack Obama. His words on the campaign trail do not match the actions he has taken.

He tells the American people one thing but has a record that is quite different.

The Obama campaign has also sought to downplay the importance of the vote. His chief economic adviser said that this was just "some Senate vote." If the vote truly had no meaning, why didn't he vote against it? It would have been a principled vote that rejected the notion that we should tax individuals earning as little as $32,000 a year.

Of course, as in the case of so many other issues, what Barack Obama says today about the vote does not match what he has previously said. When he voted for the resolution in March 2008, Barack Obama himself hailed the passage. He said it represented "significant progress in getting our nation's priorities back on track." If we are to believe Barack Obama's previous words, then taxing those with income as low as $32,000 represented "significant progress" and a national priority. This was hardly just "some Senate vote" for Barack Obama at the time he cast it.

While Barack Obama campaigns on a promise of no tax hikes for anyone but the rich, we once again find that his words are contradictory and that what he is saying on the campaign trail and what he has actually done in the Senate are two different things.

As in the case of his changing positions on the FISA bill, Iraq, public financing, town hall debates, the D.C. handgun ban, NAFTA, welfare reform, corporate taxes cuts and a host of other issues, Barack Obama's contradictory words on taxes are an issue of credibility. And on ensuring that we can grow our economy by keeping taxes low and more money in the pockets of taxpayers, Barack Obama has demonstrated that he has not earned the trust of American taxpayers.


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