"I will lower your taxes! My opponent will raise them!"

I could attribute the title quote of this post to either candidate in this election and most elections. One of them has to be lying or, at least, partially lying! Right?

Out of frustration I tried to find the truth. Below is a graph that compares McCain's tax strategy vs. Obama's.


Here are the problems I see.

1. Obama talks about how he will cut taxes on 95% of Americans. That can't be true because at least 20% of Americans pay no federal taxes at all.
   
   FACTCHECK.ORG
   FactChecking Obama
   He stuck to the facts, except when he stretched them.
   
   
2. Obama says he will cut taxes on the middle class but will raise taxes on large corporations. Barack, come on! I am not sure how any American can let this piece of spin get by them. Large corporations are large because they are good at making money. Do you really think that large corporations are going to pay extra taxes and let that hurt their bottom line? No, Barack, they won't! Those large corporations are in the business of making money. They will take the extra costs of Obama's tax increases and pass them onto their customers. Who are their customers? You, me, the lower class and, yes, the middle class of America. If you buy groceries, gas, consumer products, etc...Obama's tax increases will effect you the same way as if he taxed you directly.
   
   

   Now, our opponents tell us not to worry about their tax increases. They tell you they're not going to tax your family. (Laughter.) No, they're just going to tax "businesses." So, unless you buy something from a business, like groceries or clothes or gasoline -- (laughter) -- or unless you get a paycheck from a business, a big business or a small business, don't worry, it's not going to affect you! (Laughter, cheers, applause.) They say they're not going to take any water out of your side of the bucket, just the other side of the bucket! (Laughter.) That's their idea of tax reform. Fred Thompson, Speech at GOP Convention

3. John McCain needs to explain how he is going to reduce our deficit and cut taxes at the same time. Just saying he will shrink the size of government is not enough. What will you shrink John? Where will you get the money the government needs if not through taxes?
4. More important than what his plan is to cut taxes and balance the budget, McCain needs to tell me(us) how he is going to get these policies through a backed up and broken Congress. Honestly...John McCain needs to give us his plans on most of the issues facing Americans today. The Democrats are not exactly being forthcoming with hard numbers but I have heard even less from the McCain camp. Tell us your plan John.