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| Obama says he would cut taxes for middle class |  |
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| Jun 14 11:51 AM US/Eastern By CHARLES BABINGTON Associated Press Writer | |
So, is this the "change we can believe in?" More of the same tax-and-spend policies every liberal Democrat candidate for president has proposed since anyone can remember? Middle class tax cuts that never materialize, punishing achievement by hosing those who create jobs, pushing government mandates on businesses and wasting billions on alternative energy programs that will "eventually" save money?
WAYNE, Pa. (AP) - Democrat Barack Obama told voters Saturday he would push an aggressive economic agenda as president: cutting taxes for the middle class, raising taxes on the wealthy, pouring money into "green energy" and requiring employers to set up retirement saving plans for their workers.Campaigning in Pennsylvania, a key battleground in the fall campaign, Obama said he would take a much more hands-on approach than would Republican John McCain. He again criticized McCain's proposal for a temporary halt in the federal gasoline tax. It would "actually do real harm," Obama said, by reducing revenue for road and bridge construction even as oil companies make record profits.
Speaking to about 200 people in Wayne, a Philadelphia suburb, Obama made no new proposals but emphasized earlier ones in light of rising gas prices, inflation and job losses. They include a $1,000 tax cut for most working families; a new Social Security tax on incomes above $250,000; a "windfall profits" tax on oil companies; a $4,000 annual college tuition credit for those who commit to national or community service programs; and an end to income taxes for elderly people making less than $50,000 a year.
Obama said he could pay for his programs by eliminating the Bush administration's tax cuts for the wealthy, winding down the Iraq war and spending more on alternative energy programs that eventually will save money.
Barack Obama is a fraud.
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