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What is the most blatant LIE...

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David Ippolito Donating Member (351 posts) Send PM | Profile | Ignore Thu Oct-23-08 06:36 PM
Original message
What is the most blatant LIE...
For my own research...

What is the most egregious lie actually stated personally by either McCain or Palin in this campaign?

.



(Preview of tomorrow's Photoshop image at: http://www.thatgitarman.com )

PEACE

- David
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rwenos Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-23-08 06:46 PM
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1. That Revenues Equal Income
Sounds technical, right? Not really. McCain keeps saying that people with "incomes" of $250,000 will include millions of small business people. Wrong. Those small business people have REVENUE of $250,000. From that, they have to pay overhead, rent, expenses, payroll, etc. They are only taxed on their NET, not their GROSS. A small business with gross revenues of $250,000 will typically have net before-tax income (or "profits" if you prefer) of about 20% of that, or about $50,000. In other words, that owner would be a beneficiary of Barack's tax plan, not a victim.

This is an extremely-common Pubbie lie. Ask any accountant or your firm's bookkeeper.
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David Ippolito Donating Member (351 posts) Send PM | Profile | Ignore Thu Oct-23-08 06:47 PM
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2. Thank you. Excellent point n/t
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Terran Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-23-08 06:50 PM
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3. That people who don't make enough money to pay any taxes
are going to get a rebate check through Obama's tax plan. :eyes:
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Montauk6 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-23-08 06:58 PM
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4. We care about the little guy
But then that's a traditional GOP diversionary tactic.
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