HotAir blog has a *great* discussion of Obama’s tax plan and who it would affect. Importantly is how the Obama camp has been parsing the english language. read it here

Have The One and his surrogates in fact lied about the tax hike/tax cut distinction in his plan? Saith the RNC’s oppo research team, you betcha:
In July 2008, Barack Obama Said: “If You Make $250,000 A Year Or Less, We Will Not Raise Your Taxes. We Will Cut Your Taxes.” (Barack Obama, Remarks, Powder Springs, GA, 7/8/08)

In August 2008, Obama Economic Policy Adviser Jason Furman Said That Barack Obama “Would Cut Taxes For Almost All Of The Families Making Less Than [$250,000].” FURMAN: “Finally, and perhaps most importantly, the op-ed today makes a very important point that, while Barack Obama would not raise taxes for any family making below $250,000 — in fact, it would cut taxes for almost all of the families making less than that — Senator McCain cannot make a similar promise for his tax plan because, for the first time in history, he would make families pay taxes on the health insurance that they get from their employers.” (Obama For American, Press Conference Call, 8/14/08)

In October 2008, Governor Ted Strickland (D-OH) Delivered The Democrat Radio Response Saying That Those Making Less Than $250,000 Would See Lower Taxes. “He’ll restore the middle class by cutting taxes for small businesses, and for 95 percent of workers and their families, including 5.7 million in Ohio. If you make less than $250,000, you won’t see your taxes go up one single dime. In fact, your tax rates will be lower than they were under Ronald Reagan.” (Governor Ted Strickland, Democratic Radio Response, 10/4/08)