Biden Makes False Claim About McCain Tax Increase

Reverend_Hellh0und · 09-27-08, 11:40 AM

Biden seems to have trouble with the truth.

Quote:

Biden Makes False Claim About McCain Tax Increase

Biden Makes False Claim About McCain Tax Increase - America’s Election HQ

WASHINGTON — Joe Biden charged Thursday during a campaign stop in Pennsylvania that John McCain’s tax proposals for health insurance would be “the largest tax increase in the history of America for the middle class.” He was wrong.

McCain does propose taxing the health benefits that some 156 million people get through the workplace. That’s a major change, because now no income taxes are levied on those benefits, but it’s not the whole story.

So, as Biden explained, someone who makes $40,000 and gets $12,000 in health insurance benefits would end up paying income taxes on $52,000. But what Biden didn’t say was that McCain also proposes to give the insured a new tax break in exchange — a $2,500 tax credit for individuals and a $5,000 tax credit for families.

For most families, that tax credit would for several years be more generous than the current tax break for employer-sponsored health insurance. An analysis of McCain’s plan by the Tax Policy Center estimated that McCain’s plan would increase the federal deficit by $1.3 trillion over 10 years, mainly because it would lead to less tax revenue coming in. The same group says Obama’s plan would increase the deficit by $1.6 trillion over the same period.

DarkWizard12 · 09-27-08, 12:07 PM

B-b-Biden's at again!

Gibberish · 09-27-08, 12:48 PM

These types of threads are pointless. You show one example of cherry-picking the facts and someone else can show one from the other side. Both parties are working as hard as possible to twist anything they can to meet their agenda and get the general populace on their side.

You seem to present this as if Biden is alone in doing this. Obama, McCain, and Palin all play the game.

Reverend_Hellh0und · 09-27-08, 12:50 PM

Quote:

Originally Posted by Gibberish

Because we all know Biden is the first and only person to exaggerate the truth for his own benefit in this 08 campaign.

This is a deflection.

Gibberish · 09-27-08, 12:51 PM

Quote:

Originally Posted by Reverend_Hellh0und

This is a deflection.

I changed my response.

Reverend_Hellh0und · 09-27-08, 12:51 PM

mine still stands

Gibberish · 09-27-08, 12:56 PM

Quote:

Originally Posted by Reverend_Hellh0und

mine still stands

Your objection to Biden is hypocritical. You never have such objections when McCain and Palin make such remarks.

This doesn't address the issue, as you will clearly state, but I thought it only appropriate to make your agenda transparent.

Reverend_Hellh0und · 09-27-08, 01:04 PM

Quote:

Originally Posted by Gibberish

Your objection to Biden is hypocritical. You never have such objections when McCain and Palin make such remarks.

Really?

did you search to make sure? I wouldn't want you to look foolish.

Quote:

This doesn't address the issue, as you will clearly state, but I thought it only appropriate to make your agenda transparent.

what agenda? exposing and laughing at Biden, ooh you caught me.

DarkWizard12 · 09-27-08, 01:14 PM

Quote:

Originally Posted by Gibberish

Your objection to Biden is hypocritical. You never have such objections when McCain and Palin make such remarks.

Kind of like how you always object when Obama and Biden make such remarks

hypocrit.

TBone · 09-27-08, 01:15 PM

Quote:

Originally Posted by Reverend_Hellh0und

Biden seems to have trouble with the truth.

I thought McCain was not going to increase taxes. Lastly, your link sucks and cannot be taken seriously because it comes Fox, who we all know is unbiased toward everything Obama. NOT.

Taken from http://Alanta Journal Constitution

Quote:

McCain’s health care plan risky
Sunday, September 28, 2008

Quick test: Which presidential candidate offers the most radical new approach for health care coverage in the United States?

If you listen to the spin-meisters denouncing universal health care as “socialized medicine,” you’d answer Democrat Barack Obama. But by far, the most radical plan belongs to John McCain. The Republican candidate would essentially destroy the foundation on which the current health insurance system is based and replace it with a dubious plan to let the marketplace work its magic.

“Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade with banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation,” McCain wrote in a recent issue of the magazine of the American Academy of Actuaries, the people who determine your rates for, among other things, health insurance.

In other words, if you like what free-market conservatives have done for the banking and finance industry, you’ll love what they have in mind for health insurance. McCain’s plan would put the health of many citizens at risk. It would also exacerbate the vicious cycle of the uninsured seeking care in the nation’s emergency rooms, causing local tax subsidies of public hospitals to rise along with the premiums of those of us with insurance.
Obama’s plan is hardly perfect. At best, it would leave about 6 percent of the under-65 population without any coverage, compared with 17 percent now. But Obama proposes to build on the basics of employment-based insurance, adding requirements to make insurers accept all applicants. Those ideas are, far and away, preferable to McCain’s reckless plan.