Saturday, October 18, 2008

McCain Compares Obama's Tax Policies to Socialism


October 18, 2008

McCain says Obama's approach would shuffle the wealth rather than create it

FOXNews.com

John McCain on Saturday kept up his attacks on Barack Obama's tax policies, saying that he would turn the IRS into a giant welfare agency and likened his economic plan to socialism.

"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.

Obama reacted incredulously to McCain's charge that his tax cut is welfare.


"...John McCain is so out of touch with the struggles you are facing that he must be the first politician in history to call a tax cut for working people 'welfare,'" Obama said at a rally in St. Louis Saturday.

"The only 'welfare' in this campaign is John McCain's plan to give another $200 billion in tax cuts to the wealthiest corporations in America -- including $4 billion in tax breaks to big oil companies that ran up record profits under George Bush," Obama added.

On Sunday, McCain was to travel to Ohio, where he might appear with "Joe the Plumber," the Holland, Ohio, plumber Joe Wurzelbacher whom the senator has been portraying as emblematic of people with concerns about Obama's tax plans.

Wurzelbacher became the focal point of the final presidential debate after he met Obama earlier in the week and said the Democrat's tax proposal could keep him from buying the two-man plumbing company where he works. However, reports of Wurzelbacher's annual earnings suggest he would receive a tax cut rather than an increase under Obama's plan.

Obama has said his tax policies would cut payments for 95 percent of working Americans, while increasing them only for families making more than $250,000 a year. McCain has argued that 40 percent of Americans don't pay income taxes, either because they are seniors or don't meet minimum earnings thresholds, so the only way to cut their taxes is to give them various credits.

"In other words, Barack Obama's tax plan would convert the IRS into a giant welfare agency, redistributing massive amounts of wealth at the direction of politicians in Washington," McCain said in the radio address.


The Associated Press contributed to this report.

12 comments:

Anonymous said...

what happened to the other one?

Anonymous said...

Whereas McCain's "I'll have the government buy everyone's house!" plan, is, what? Friedman-esque capitalism?

Did you see that Powell endorsement this morning? Pretty devastating. And we managed to raise double in one month what McCain gets to spend?

Mu-hoo-ha-ha.

Don't forget to watch Obama on October 29th on all four broadcast networks! 8PM!

Tony GOPrano said...

Powell, who engineered the War you hate, is a turncoat and has been for a longtime. Powell should drop out of the GOP and join the Liberal Dems since that what he really is.

Anonymous said...

He *did* help engineer the war, and this is his first step on the rehabilitation towards doing what is right.

But regardless of how you and I feel, I wonder how Mr. and Mrs. Undecided Independent is going view this?

Especially with those fancy sound bites about the robocalls and such.

Check the polls today? Gains in Rasmussen, Gallup, Research 2000, and IDB/TIPP.

And if you think the polls don't matter or aren't accurate:

http://www.realclearpolitics.com/bush_vs_kerry.html

I say again - Mu-hoo-ha-ha.

Anonymous said...

Oh, and that is totally weird about looking like your stepson.

Suprisingly, that's not the first time I've gotten that comment (not about your stepson, but about looking like someone's son/stepson).

Tony GOPrano said...

Klute it's true your a 'Dead-Ringer' for my step-son.

Tony GOPrano said...

Klute your so confident about your man Obama, I offer you this challenge & bet: If JOHN McCAIN WINS, you delete your Blog. If BARACK HUSSEIN OBAMA WINS, then I delete mine. Wanna put your 'money' where your mouth is?

Anonymous said...

I wouldn't want to do that to either of us - I'm confident, not certain. And regardless of what happens, both of us are going to want an online voice.

But I'm willing to settle on some sort of wager.

(Shh! Don't tell Greg Patterson)

Tony GOPrano said...

Come On Klute! Your so damn confident, where's your balls? If your that confident, be a real man and show some guts. That is the best kind of wager we could have. I have worked for the past 3 years to help get McCain elected and I KNOW he will win!

Anonymous said...

Let me think it over.

Although I *am* impressed with your conviction on this.

Anonymous said...

You're on. With two caveats:

1. We both announce tomorrow, 10/20. Top of the page.

2. Whomever loses deletes on 11/7.

Tony GOPrano said...

OK KLute Your ON!