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Obama vs. McCain: Taxing and Spending: McCain is Lying; Obama Wins

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The candidates' opening salvos reveal widely different views. Obama calls current policy "the most fiscally irresponsible in our history". Obama's tax plan would give all but the top 1 % of income earners a BOOST in income, whereas McCain's tax policies would worsen the present inequality of incomes between the top 1% and the rest of the population. and would generate at the same time more revenue for the treasury.

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