“Barack Obama is talking about cutting taxes. On net, he is a tax cutter. But the difference between Obama and John McCain is that Obama is raising some taxes on families, for example, with incomes over $250,000. Now, that amounts to about 2 percent, the richest 2 percent of American households. And even with those tax changes, even with all of the tax changes Obama's talking about, taxes will be lower under Obama than they were under the Clinton years.”
Quote by Jared Bernstein
Author
Jared Bernstein
Jared Bernstein is an accomplished economist and economic policy advisor. Born in 1955, he is renowned for his in-depth research and extensive experience in labor markets and economic policy. more