Obama said in the third debate:
If you make more — if you make less than a quarter million dollars a year, then you will not see your income tax go up, your capital gains tax go up, your payroll tax. Not one dime.
To translate, Obama said taxes won’t go up for about 95% (Those making under a quarter million a year).
Obama said in the third debate:
Number one, I want to cut taxes for 95 percent of Americans.
To translate, Obama said that he wants to cut taxes, not that he will.
Obama said in the third debate:
And 95 percent of working families, 95 percent of you out there, will get a tax cut.
To translate, Obama said that 95% of Americans will get tax breaks, but he didn’t say how much (one penny perhaps?)
A couple of weeks later, McCain said the following:
“It’s interesting how their definition of ‘rich’ has a way of creeping down,” McCain said.
“Senator Obama has made a lot of promises. First, he said people making less than $250,000 would benefit from his plan.
“Then, this weekend, he announced in an ad that if you’re a family making less than $200,000 you’ll benefit – but yesterday right here in Pennsylvania, Senator Biden said tax relief should only go to ‘middle-class people’ – people making under $150,000 a year.
“At this rate, it won’t be long before Senator Obama is right back to his vote that Americans making just $42,000 a year should get a tax increase
This site does not endorse either candidate, but speaks against deceptive campaign promises. Obama has said many things endorsed by this site as has McCain.