McCain is taking heat from the New York Times for claiming that Obama would raise taxes on the middle class [link]. No need to exaggerate:
- Obama's promise of affordable, universal health care will cost $163 billion a year conservatively.
- Obama has almost completely rescinded his threat to pay for the plan with taxes on the rich – pledging a maximum 20% tax rate on dividends and capital gains and no extra payroll tax on the rich for at least another decade.
So let's see. He needs three times the amount of the Bush tax cuts for the rich. But he promises not to tax the rich. So who does that leave?