Middle Class Experiences Largest Tax Increase: For a couple earning $40,000 and paying $13,800 for insurance, “McCain’s new tax credit would cut their taxes by $50 in 2009, but because the credit quickly falls behind rising premiums that are the basis of the current tax break, the family would pay $1,169 more in taxes in 2013…[and] would pay $2,809 more in taxes by 2018.”
McCain has repeated that he will not raise taxes. McCain's interview with ABC's George Stephanopoulos seems to prove otherwise.
Sunday, September 28, 2008
Think Progress: McCain Admits Health Plan Would Increase Taxes
Labels:
ABC,
George Stephanopoulos,
Insurance,
McCain,
Taxes,
Think Progress
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