Growls

An editorial in Tuesday’s Investor’s Business Daily noted: “Few presidential candidates have made more specific promises to American voters than Barack Obama. They came so fast and furious in the latter part of the campaign, you'd be excused for not keeping up.” IBD put together a checklist of some of them, which you may want to save until 2012 as a handy reference. Below are just the tax promises:

• “Give a tax break to 95% of Americans.
• “Restore Clinton-era tax rates on top income earners.
• “If you make under $250,000, you will not see your taxes increase by a single dime. Not your income taxes, not your payroll taxes, not your capital gains taxes. Nothing."
• “Dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes.
• “Give American businesses a $3,000 tax credit for every job they create in the U.S.
• “Eliminate capital gains taxes for small business and startup companies.
• “Eliminate income taxes for seniors making under $50,000.
• “Expand the child and dependent care tax credit.
• “Expand the earned income tax credit.
• “Create a universal mortgage credit.
• “Create a small business health tax credit.
• “Provide a $500 "make work pay" tax credit to small businesses.
• “Provide a $1,000 emergency energy rebate to families.”

Other categories of promises included energy, environment, labor, national security, social security, education, spending, and health care. Use the link to the IBD editorial, and save the list for 2012!