On Taxes, Obama Faces Air Assault

By Dotcomabc

Sep 20, 2008 5:56pm

This afternoon, as Sen. Barack Obama, D-Ill., addressed a rally in Jacksonville, Fla., a small airplane flew overhead pulling a banner that read, "Raising taxes is not patriotic."

The banner was in reference to comments made by Sen. Joe Biden, D-Del., this week, to ABC News’ Kate Snow about the Obama-Biden campaign’s plan to raise taxes on those making more than $200,000 or $250,000 per couple.

"It’s time to be patriotic, Kate," Biden said. "Time to jump in. Time to be part of the deal. Time to help get America out of the rut. And the way to do that is, they’re still going to pay less taxes than they did under Reagan."

Obama told the Florida crowd of 12,000 today, "I will cut taxes. Don’t believe what those folks say. Don’t let them run the okey doke on you. You heard of the okey doke. Don’t let ‘em bamboozle you. Don’t be hoodwinked. I will cut taxes, cut taxes for 95 percent of all working families."

Obama continued, playing off the crowd, saying "My opponent doesn’t want you to know this, but under my plan, tax rates will actually be less than they were under Ronald Reagan. If you make less than $250,000 a year if you make less that’s you? If you make less than a quarter million dollars a year that’s you? you will not see your taxes increase one single dime. Not one dime. In fact, I offer three times the tax relief for middle class families as Senator McCain does, because an economy like this, the last thing we should do is raise taxes on the middle class."

"So don’t believe those commercials," Obama concluded. "I’m a tax-cutter. I’m gonna put some money in your pockets so you can spend that money buying groceries and buying gas and you can help that small business."

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