Obama and the Tax Cut Myth

Philip Klein at The American Spectator explains the tax cut myth of Barack Obama very well by asking Obama's campaign manager David Plouffe and senior strategist David Axelrod the following question:

"What rates would actually go down"?

Neither person could answer. So Klein then asked:

"But which type of tax would go down?" followed by "What taxes would you see go lower under the Obama plan?"

Still neither person could answer the question, except Axelrod said, "You would get a $500 cut in your taxes. If you're a couple, $1,000."

What this means is that NO income tax rates will go down under Obama. And because the 2003 tax rates expire in 2010, all rates will actually increase. The only "tax cut" ANY American will receive is a check from the federal government if they should be so kind as to select you as a person who should receive one. And up until this election, this type of "tax cut" was actually called "welfare."