The McCain-Palin campaign has released a new ad that once again distorts Obama's tax plans.
* The ad claims Obama will raise taxes on electricity. He hasn't proposed any such tax. Obama does support a cap-and-trade policy that would raise the costs of electricity, but so does McCain.
* It falsely claims he would tax home heating oil. Actually, Obama proposed a rebate of up to $1,000 per family to defray increased heating oil costs, funded by what he calls a windfall profits tax on oil companies.
* The ad claims that Obama will tax "life savings." In fact, he would increase capital gains and dividends taxes only for couples earning more than $250,000 per year, or singles making $200,000. For the rest, taxes on investments would remain unchanged.
This time at least the McCain campaign argues that their claims are not based on Obama's plans or statements, but on what the McCain campaign THINKS Obama would do in the future. But in the ad they don't make this distinction...they merely state the above claims as fact, pass it off as what Obama "will do". As FactCheck points out, if they BELIEVE that Obama will do something to the contrary, they are entitled to that belief, but they are being extremely dishonest in passing off that SPECULATION as fact. The facts are that Obama's plans and policy statements are largely opposite of what the McCain campaign is saying.
Technorati Tags: Politics, Liars, McCain-Palin