The Mudcat Café TM
Thread #115363   Message #2473722
Posted By: Sawzaw
23-Oct-08 - 10:36 AM
Thread Name: BS: Joe the Plumber
Subject: RE: BS: Joe the Plumber
Whatever it takes:

Obama Tweaks Tax Plan to Rebut McCain

ABC News

Facing criticism from John McCain that his tax plan constitutes "welfare," Barack Obama recently added a work requirement to one of his proposals.

"They started saying this was welfare," said Obama adviser Austan Goolsbee. "So, just so they would absolutely not be able to say that, we decided that for the last two percent we'll simply add a work requirement."

Goolsbee discussed the change to Obama's universal mortgage credit while debating McCain adviser Douglas Holtz-Eakin at the Council on Foreign Relations on Tuesday.

The purpose of Obama's 10 percent universal mortgage credit is to aid taxpayers who do not itemize when filing taxes. The Obama campaign estimates that it would provide an average of $500 to 10 million homeowners, the majority of whom earn less than $50,000 per year.

Goolsbee referred to the number of non-working Americans who would benefit from the original understanding of Obama's plan as an insignificant "sliver" when compared to the much larger number of working Americans who would benefit from Obama's plan.

Although the number of non-working beneficiaries would have been just a "sliver" under the original understanding of Obama's plan, Goolsbee said the Democratic nominee's economic team decided to add a work requirement to it in order to block McCain from being able to characterize any aspect of his plan as "welfare."

"When did this change? I'm just curious," an incredulous Holtz-Eakin asked Goolsbee.

"About two weeks ago," replied Goolsbee, adding that when the proposal was announced in September 2007, 98 percent of its benefits went to workers.

The work requirement on Obama's universal mortgage credit was never announced publicly, prompting Holtz-Eakin to suggest that it was just made up for purposes of the CFR debate.

"I think they just made it up," Holtz-Eakin told ABC News. "They will say anything in the moment. This is like trying to pin Jello to the wall."

During a Tuesday conference call with reporters, Holtz-Eakin mocked Goolsbee's claim that Obama could have changed his plan two weeks ago in response to McCain attacks that did not start until after Obama met with Joe "The Plumber" Wurzelbacher nine days ago.

"What we saw today was just another example of the Obama campaign being willing to say potentially anything in order to avoid the tough questions of the moment," said Holtz-Eakin............