LAST NIGHT:

McCain: “He has voted in the United States Senate to increase taxes on people who make as low as $42,000.”

THE FACTS: OBAMA DID NOT VOTE TO RAISE TAXES ON FAMILIES MAKING $42,000 A YEAR

Fact Check.org: Claim That Obama Would Have Raised Taxes On “Families” Making $42,000 Is “Simply False.” “A Spanish-language radio ad claims the measure Obama supported would have raised taxes on ‘families’ making $42,000, which is simply false. Even a single mother with one child would have been able to make $58,650 without being affected. A family of four with income up to $90,000 would not have been affected.” [FactCheck.org, 8/8/08]

Washington Post: McCain’s Attack On Obama For Voting To “Raise Taxes On People Making Just $42,000″ Is “Unacceptably Misleading.” “Barack Obama and John McCain have important differences on tax policy. These are fair game for campaign ads, and no one expects 30-second spots to be suffused with nuance. But Mr. McCain’s latest attack on the Obama tax plan crosses the line from reasonable argument to unacceptably misleading. ‘Obama voted to raise taxes on people making just $42,000,’ the announcer warns. The basis for this statement is the senator’s vote for the fiscal 2009 budget resolution, a nonbinding blueprint that assumed that all the Bush tax cuts would expire as scheduled. However, Mr. Obama has repeatedly said he wants to extend the Bush tax cuts for families making less than $250,000 a year. If anything, he has lavished too much in tax breaks on the middle class, proposing an expensive $1,000-per-family additional tax credit and, last weekend, piling on top of that an immediate, presumably one-time, $1,000-per-family rebate for energy costs.” [Editorial, Washington Post, 8/10/08]

Factcheck.org: Over 95% Of Households With Children Would Get A Tax Cut Under Obama’s Plan. “In fact, an analysis of the candidates’ tax plans by the Urban Institute-Brookings Tax Policy Center found that 95.5 percent of households with children would get a tax cut under Obama’s plan.” [Factcheck.org, 9/24/08]

OBAMA’s PLAN PROVIDES A BIGGER TAX CUT FOR THE MIDDLE CLASS THAN MCCAIN AND MCCAIN’s TAX CUT LEAVES OUT 101 MILLION MIDDLE CLASS FAMILIES AND 37 MILLION SENIORS

Obama’s Plan Would Cut Taxes On The Middle Class Three To Almost Eight Times More Than McCain’s Would. “But when it comes to promises, it’s worth pointing out that, according to the non-partisan Tax Policy Center’s analysis of both candidates’ proposed plans, Obama would cut taxes for those making in the range of $38,000 to $66,000 three to almost eight times more than McCain would.” [MSNBC, "First Read," 8/8/08]

McCain’s Plan To Cut Taxes Leaves Out 101 Million Middle Class Households. “McCain’s plan is tilted toward corporations and the most affluent, neglects middle-class Americans and lacks immediate solutions, Obama’s advisers said today in a conference call with reporters held to unveil a report critical of the Arizona senator’s proposals. . McCain’s plan to cut taxes for the middle class by increasing the dependent exemption leaves out 101 million households without children, according to Obama’s report. His plan gives tax cuts to the nation’s wealthiest 2 percent and to large corporations, the report said.” [Bloomberg, 7/6/08; IRS Tax Stats; Tax Policy Center, Preliminary Analysis Of The 2008 Presidential Candidates' Tax Plan, 6/20/08]