Today’s a WS Journal editorial breaks apart the myth of "95 Percent of Americans" get a tax break.
The link is here.
The money quote is the very last paragraph:
Some families with an income of $40,000 could lose up to 40 cents invanishing credits for every additional dollar earned from workingovertime or taking a new job. As public policy, this is contradictory.The tax credits are sold in the name of "making work pay," but inpractice they can be a disincentive to working harder, especially ifyou’re a lower-income couple getting raises of $1,000 or $2,000 a year.One mystery — among many — of the McCain campaign is why it hasallowed Mr. Obama’s 95% illusion to go unanswered.
Senator McCain, why are you not challenging "The One" on these basic facts? Wednesday’s debate would be a darn good time to start!