July 25, 2008
Taxprof has the roundup of the respective Obama and McCain tax plans. There’s a lot there, but its all meat, so dig in. I notice in both Angry Bear’s post and Hilzoy’s at The Daily Dish that McCain’s proposals aren’t looking so hot. McCain’s advisor Doug Holtz-Eakin put up a…less than spirited defense after getting walloped by Austin Goolsbee.
Holtz-Eakin said, well, “Taxes aren’t everything” (actual quote, at a debate on tax policy) and talked up McCain’s proposals on the environment and renewable energy. Rather than make any attempt to rebut Goolsbee’s takedown, he argued that reducing taxes increases growth and that the spending side needs to be considered as well.
Well, yeah, the spending side is arguably the most important side of the equation. Good pocketbook defense and all that jazz. Still, McCain appears more blase as each day passes. His only hope is to destory Obama in substantive, logical arguments. He hasn’t done so, and doesn’t appear to be able to do so. Obama is a charismatic steamroller, if nothing else. If this is the best he can muster…