On Saturday John McCain said that he accepts Barack Obama's pledge not to raise taxes for anyone making less than $250k/yr. Good. But then he went further, saying: "Not only that, I'm going to cut taxes for literally everybody."
Umm, John?
Matthew Yglesias, take it away!
It’s too bad John McCain doesn’t seem to be familiar with John McCain’s health care proposals which involve a large tax increase on everyone who gets health insurance through an employer. For the rich, this will be offset by some of McCain’s other tax cuts, but for middle class families it’ll be an increase. McCain also might want to check out the views of John McCain’s top economic adviser Doug Holtz-Eakin since he seems to think McCain will raise taxes.
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