Posted by
Barack Oblogger on Friday, December 14, 2007 2:07:38 AM
Obama has called for a reduction of taxes on the middle class. From the Washington Post
Sen.
Barack Obama delivered a second economic speech in as many days on
Tuesday, announcing $80 billion in proposed tax cuts for working
people, homeowners and seniors with the declaration that "the wealth of
our nation is rooted in the work of our people."
Obama
(D-Ill.) has made confronting special interests and corporate lobbyists
a core theme of his campaign, and he elaborated it in his tax cut
proposal. Arguing that rich business interests -- rather than market
forces -- have conspired to lobby for tax breaks, Obama said it is time
to shift the tax burden away from the middle class.
He
has also called for a simplifying taxes for seniors. Go Obama! You have
to be a certified public accountant to figure out how to fill your tax
forms correctly.
Obama
proposed eliminating tax returns for some 22 million senior citizens,
promising that no retiree making less than $50,000 would pay income tax.
Read more here