Tax Policy Center

Obama’s Tax Cut is Actually a Spending Increase, Says Non-Partisan Group

By Guest Column —— Bio and Archives--October 16, 2008

American Politics, News | Comments | Back To Full Article

(CNSNews.com) – Democratic presidential candidate Barack Obama’s plan to cut taxes on 95 percent of taxpayers would effectively increase government spending by an average of $64.8 billion a year and effectively raise income tax rates for many Americans, even on some earning $20-$50,000 per year, according to the non-partisan Tax Policy Center.

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