Let me address two of Obama's claims that are just plain false.

1) Obama alleges that independent organizations have claimed that he would provide three times more  middle class tax relief than McCain.  The report - which I blogged on earlier from the Tax Policy Center - said that without counting McCain's tax exemption for health-care Obama would provide three times more tax relief to the middle class.  However this isn't true for middle class families with children (remember McCain wants to double the child exemptions).  The statement is completely false if you count McCain's health-care tax credit which the Tax Policy Center didn't do and admitted that if you counted those credits that the results would be drastically different.
             The other deceptive problem with his statement is that Obama is ignoring his unintended consequences of raising taxes on small businesses, capital gains, wealthy individuals and entrepreneurs.  First of all, yes, taxes might go down for many people - but how many people would face an income loss as a result of his policies?  Economics 101 - all people pay all taxes.  You can't tax one group without hurting another in some way.  Think about it this way: two people are in a town.  One guy sells stuff on ebay the other guy runs a grocery store.  The guy who sells stuff on ebay makes 100 dollars, the one who runs the grocery store makes only 50 dollars.  The government decides to tax the "rich" guy and redistribute to the "poor guy".  So the government takes 25 of the rich guys dollars and spends 20 dollars on stuff for the poor guy.  Wait you might say - they taxed the rich guy 25 dollars.  The government is inefficient - they need 5 dollars to run themselves.  Now the grocery store guy gets 70 dollars and the ebay guy has 75 dollars.  Problem is now that the ebay guy is down 25 dollars and so he decides to cut back on his grocery store bill so he only spends 25 dollars instead of fifty... so what happens?  The grocery store owner is down to 45 dollars.  5 dollars less than what he started with before the redistributive process began.  Now this isn't always going to happen - but don't think this is uncommon.  When you take away income people spend in the economy and give it to the government you have a dead-weight loss.  Instead of the government people working and producing goods and services they only drain money from the pool.  Do they spend it too?  Yes, but they don't add their own production to the economy.  They redistribute money and take a commission, they don't actually do anything else. 

Real quick side note: As for the small business claim (Obama says he will lower taxes on 98% of small businesses or if he doesn’t lower their taxes he won’t raise ‘em.  98% of small businesses is a misleading number.  See 98% of small businesses generate only 50% of all small business income!  So the other 2% of small businesses that Obama will raise taxes on generate the other 50% of the small business income!  Think you are going to get a raise if your boss has to fork over more money to Uncle Sam?  I didn’t think so.

2) Obama claims that in regards to Health Care, "By the way, the average policy costs about $12,000. So if you've got $5,000 and it's going to cost you $12,000, that's a loss for you."  What a crock.  He's too smart to be this dumb.  This is just a misleading statement that he knows McCain won't be able to parry.  It might be 12,000 - though that figure is debated... but the 5,000 is nonsense.  It is 5,000 plus 12,000-taxes on the 12,000... let's think about it this way:  The median working family income makes $61,500 (rounding).  If we pretend that this family has no more income exemptions and won't receive anymore under McCain then if you add 12,000 to that number it becomes 73,500.  Now the first 3,601 of that money is taxed a rate of 15% so one would get to keep 3,060.85 of that money.  The next 8,399 dollars are taxed at a rate of 25%, so you get to keep 6,299.25 of that.  Now you add them together and get $9360.10.  On top of that 9,360 dollars you get a 5,000 tax credit so you get a total of $14,360.10...  What is more $14,360.10 or $12,000 dollars?  Obama is also assuming that the average cost of healthcare is going to stay at $12,000 dollars.  If you deregulate healthcare over state lines that cost could be considerably less...  Now the problem with McCain's plan is how he is going to deal with sick people who need care?  I have a few ideas about how to do this BUT... they are my ideas not his. Regardless though the 5,000 vrs 12,000 is total bull and yall need to know the real numbers.  McCain's plan has some serious problems but Obama's claim is too inaccurate and misleading for me to let it go...