Barack Obama has a plan to restore America’s economy by creating new jobs and providing much-needed relief for ordinary Americans. The Obama-Biden plan will turn the economy around by providing a $1,000 emergency energy rebate to help middle class Americans pay the costs of their rising bills, and give a sizeable tax cut to working families. This will be paid for by a windfall profits tax on big oil companies who have been reaping in record profits as Americans struggle to fill up their cars to get to work. Barack also has a plan to stimulate job creation – including investing in alternative energy to create 5 million new “green” jobs. The hallmark of the Obama-Biden economic plan is much-needed tax relief for the middle class. The Obama-Biden plan will cut taxes for 95 percent of American workers and families – cutting taxes by more than three times the amount the same group would get back under John McCain’s plan. No family making less than $250,000 will see their taxes increase.
The Obama-Biden plan will even eliminate income taxes altogether for seniors making less than $50,000 per year. Calculate your tax cut. Finally, Barack has responded to the recent mortgage crisis and has a plan to help American families keep their homes. He will reform bankruptcy laws to give struggling families a shot at avoiding foreclosure, require mortgage companies give accurate mortgage information to homebuyers, and provide a tax credit to help cover 10 percent of a families mortgage interest payments every year. These are a few of the highlights of Barack Obama’s plan to get the American economy back on track. Watch the video to hear more from Barack:
And you can get the details on Barack’s plan for the economy. Compare Barack Obama’s economic plan with that of John McCain.
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