McCain will Raise Your Taxes

[chris_gerrib]

Or so says Douglas Holtz-Eakin, who is a "former Director of the Congressional Budget Office and current chief McCain economic advisor." From the article: that's an annual tax hike of $550 to $700 billion, well beyond the range of any spending cuts that McCain has or might propose. (Those vaunted earmarks cost about $20 billion per year.)

Oh and by the way - McCain's health-care plan? Tax your employer-provided health-care plan. From the linked article, McCain will: replace those benefits with an insufficient tax credit--$2500 for individuals and $5000 for families (the average cost per family for health insurance is $12000).