Tuesday, July 08, 2008

FactCheck Hits McCain Twice On Lies

One is a Spanish ad. How low is that? 
McCain's new radio ad, in Spanish, aims to show Florida would benefit from the Colombia Free Trade Agreement, which he supports. But every number in the ad is wrong, except one, a prediction of job gains taken from a group favoring the trade deal. And even that number is rounded upward so generously as to flunk third-grade arithmetic.

Another, lies about Obama's tax redistribution plan.
The McCain campaign claims that Obama voted to raise income taxes on individuals who earn as little as $32,000 per year. That's wrong.
The resolution Obama voted for would not have increased taxes on any single taxpayer making less than $41,500 per year in total income, or any couple making less than $83,000. The $32,000 figure is approximately the taxable income of a single person making $41,500 per year, after all deductions and exclusions.
Obama's vote (for a non-binding budget bill) does not change the fact that his own tax plan would provide a tax cut of $502 for a non-married taxpayer earning $35,000.